RBI's updated digital lending guidelines prompt lenders to exclude DLG cover, impacting fintech partnerships and credit ...

PayPal Payments Private Limited has received the RBI approval to operate as a payment aggregator for cross border exports (PA ...

Evans Jr., Ph.D., told ABC News in a statement. "The new restrictive definition of sex ignores decades of science, increasing harm to youth and families, while undermining critical mental health ...

The definition of non-performing assets (NPA) and the date of default is clearly outlined as follows: As per the RBI Master Circular dated 01 April 2022, an asset becomes non-performing when it ceases ...

Ministry of MSME and the RBI in cases of MSMEs having exposure up to Rs 25 crore before classifying them as NPA and/or to initiate any action under the Securitisation and Reconstruction of ...

Banks, NBFCs can't classify MSMEs loan account as NPA without following 2015 framework ... banks licensed to operate in India by the RBI. "What is contemplated in the "Framework for Revival ...

New Delhi, Aug 1 (PTI) The Supreme Court on Thursday ruled that banks and Non-Banking Financial Companies (NBFCs) cannot classify loan accounts of Micro, Small and Medium Enterprises (MSMEs) as ...

It said the instructions issued by the central government under the provisions of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act) and by the RBI under the provisions of ...

Before a loan account turns into an NPA (non-performing assets), banks are required ... of targeted solutions,” the association said. FISME urged the RBI to review the wilful defaulter definition, ...

4.NPA of SCBs may fall further to 2.5% The bad assets or gross NPAs of commercial banks may go down further to 2.5 per cent by the end of the current fiscal, said the RBI in its report.

have filed suits against 36,150 NPA accounts to recover Rs 9.26 lakh crore as of March 2023. Many of these legacy accounts are likely to be added to the wilful default category when the RBI issues ...

So, the RBI has ... broadened the definition of wilful default, and called for a review by the bank within six months of an account being declared as a non performing asset (NPA).