Supreme Court order on NPAs: Power firms body heaves a sigh of relief, says ruling will give flexibility to restructure debt
• 6 years agoThe 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
Fp Staff • 6 years agoLast 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
Srikanth • 6 years agoThis 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
• 6 years agoUrjit 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.