Wednesday, December 23, 2020

RBI unlikely to extend Dec 31 loan rejig deadline

The governor on Wednesday concluded a two-day meeting with public sector and private sector banks, held through video conference. Days before banks closed their books for the third quarter, Das asked them to make enough provisions should loans go bad. He also asked banks to raise more capital to grow loans.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-unlikely-to-extend-dec-31-loan-rejig-deadline/articleshow/79934588.cms

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