Bankers Race to Resolve Rs 3.8 Trillion Bad Loans as RBI Deadline Ends Tomorrow

The RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days. The circular came into effect on March 1 and the 180-day deadline concludes on August 27.

from Top Business News- News18.com https://ift.tt/2LqG4C8