Rbi 12 February Circular

SC scraps 12 February RBI circular: Legal fraternity divided over apex court order on NPA diktat

Legal experts have given mixed views on the Supreme Court judgement quashing the Reserve Bank's circular on bad loan recognition saying while the ruling is a "great" setback for banks, it also offers relief to the troubled companies

Power stocks gain on SC order of scrapping 12 February RBI circular; RattanIndia Power surges 12%

Shares of power companies gained up to 12 percent Tuesday after the Supreme Court quashed a Reserve Bank of India circular on resolving bad debt that may provide relief to these firms

SC order quashing 12 February RBI circular to give relief to power companies but will delay bankruptcy proceedings, say experts

The Supreme Court order quashing a Reserve Bank of India circular on resolving bad debt will provide relief to power companies and lenders as well as flexibility to restructure debts but will slowdown bankruptcy proceedings, experts said on Tuesday

Supreme Court strikes down RBI's 12 February circular on bankruptcy proceedings, declares it illegal

Last month, the RBI had maintained that there was no dilution in its stand with regard to 12 February circular on stressed assets recognition and resolution.

One year of RBI's 12 February circular: A look at charts that depict bad loan scenario after central bank's crackdown on NPA menace

In a bid to hasten the resolution of bad loans, RBI tightened rules to make banks identify and tackle any non-payment of loans rapidly by issuing a circular on 12 February 2018