Rbi Circular

Supreme Court order on NPAs: Power firms body heaves a sigh of relief, says ruling will give flexibility to restructure debt

The apex court quashed the RBI circular of 12 February, 2018, that made it mandatory for banks to recognize even a one-day default by the borrowers

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.

NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right path

This smorgasbord of schemes didn’t even dent the NPA problem. The mountain just kept piling up until it reached 11 percent of total bank assets.

Urjit Patel resignation: Reticent but independent-minded RBI governor who found his voice

Urjit Patel's resignation came just days ahead of the 14 December meeting of the board of RBI that was to take up issues like governance in the central bank.