The RBI will embroil itself in banks’ decision-making and yet act as regulator. This can only be a temporary arrangement For a better experience, Read this story in our App ...

In a press release issued by the Apex bank Yogesh Dayal, Chief General Manager at RBI said, "It is expected that the current ... 5] For the purpose of restructuring, the definition of ‘financial ...

Some of the directors on the RBI board suggested that the current definition, which results in a loan being classified as an NPA if it remains unpaid for 90 days, should be changed to allow for ...

Definition of Non-Performing Asset (NPA): Accordingly to RBI, with effect from March 31, 2004, a Non-Performing Asset (NPA) shall be a loan or an advance where; (1). Interest and/ or instalment of ...

The Reserve Bank of India (RBI) has decided to provide a relief to the standard bank accounts availing a loan moratorium between March 1 and May 31. The 90-day non-performing asset (NPA ...

India's Supreme Court impleaded the RBI as a party to the NPA mess, taking suo motu cognizance. The court has suggested "write-offs" to be a fraud, whereas the RBI has gone one step forward and ...

The finance ministry is in discussion with the Reserve Bank of India (RBI) for relaxation of norms ... it is classified as non-performing asset (NPA). “It is quiet possible that customers ...

Post the clearance of the much-awaited NPA Ordinance, RBI also issued a directive bringing some changes to the existing regulations on dealing with stressed assets. The directives said that a ...

The non-performing asset (NPA) situation has been one of the most ... to provide more independence to the Reserve Bank of India (RBI), it is important to understand what can really be done ...

Photo: Bloomberg Mumbai: The Reserve Bank of India (RBI) on Thursday stated that a credit card account will be treated as a non-performing asset (NPA) if the minimum amount due is not repaid fully ...