Bad debt norms:RBI to seek EC nod

Posted on Last modified on Comments
sfg-2026
ForumIAS LATEST
  1. 09 July | Make Your UPSC Answers More Impactful with Adjectives by Ayush Sinha | Click Here to Watch →
  2. 10 July | From 6 Attempts to AIR 53: Kiran's UPSC Success Journey | Click Here to Watch →
  3. 11 July | Your Friends Reflect Your Values by Ayush Sinha | Click Here to Watch →

  1. The Reserve Bank of India (RBI) has decided to reach out to the Election Commission (EC) before releasing its new circular for banks.
  2. The new circular would replace its February 12 circular that Supreme Court had disallowed earlier.The Model Code of conduct specifically exempted the conduct of monetary policy which is crucial part of the economy.
  3. On 12th February 2018,RBI had put out a circular on classification of non-performing assets that required (a)Banks to stipulate a one-day default rule on term loans.A borrower missing repayment even for a day will be treated as a defaulter and (b)Banks were required to immediately start working on a resolution plan for accounts over Rs 2,000 crore, which was to be finalised within 180 days.In case of non-implementation, banks were required to file an insolvency application.
  4. Several sectors such as power,sugar and fertiliser especially the unregulated sectors had challenged the RBI circular in the Supreme Court as ultra vires on the grounds that it wrongly classified them as wilful defaulters.They argued that they were stressed because of extraneous reasons beyond their control and cannot be treated as wilful defaulters. Further,they had also contended that the circular reduced the 270 day resolution window further to 180 days.
  5. Non-Performing Assets(NPA) are loans or advances that are in default or are in arrears on scheduled payments of principal or interest,usually for a period of 90 days.Before the period of 90 days,they are called Stressed Assets.

Helpful Microsoft 98-366 Dump Test

When two people were working together, he Microsoft 98-366 Dump Test http://www.passexamcert.com/98-366.html 98-366 Dump Test almost did Microsoft IT Infrastructure 98-366 not dare to look at Ning s eyes. Zhuo Yue Microsoft 98-366 Dump Test seemed to see him approaching the window of An Di s car. I don Microsoft 98-366 Dump Test t know, boy. Xiao MTA Networking Fundamentals Microsoft 98-366 Dump Test Xiao caressed his son s head. After ten thousand years, they have passed through the storm, no more.

Superior soldiers never asked again.Never asked.Because, it does not matter.Helicopters over the jungle swept over, I sat on the edge of the cabin, the moon wind again blowing my face. At first I did not tell her to be a bother to say so casually, she disdain smiled and said what kind of thing. Dog black spot that body was suddenly pulled up.We waited until he fell to the ground. Then the Microsoft 98-366 Dump Test plane landed, I was hugged by another female soldier.Two female soldiers are crying, 98-366 Dump Test all because of a small Zhuang called soldiers. Microsoft 98-366 Dump Test MTA Networking Fundamentals My friend, who lives overseas, does not come back once a year, so basically I sometimes use it for what purpose do I use to explain I also have my private life, of course, is not a mess of birds, I was the basic moral values out there is the force, sometimes with the beautiful crush in college http://www.examscert.com Microsoft IT Infrastructure 98-366 to spend the weekends here only an inattentive More said. Why do you want to go I would like to mind, girl, that is also from you ah Hey, you look slowly.

It happened in the cat brigade s thunder team left, because this base 98-366 Dump Test is obviously can not stay anymore. However, what is behind this kind of happy Like just now, he cried for a while, dare to open Microsoft 98-366 Dump Test this DELL laptop codeword. I saw many faces I am familiar with, they are waiting for me with a smile How do you come from Zhuangzhuangzhuang My Chen Pai, Microsoft 98-366 Dump Test My Miao Lian, Dog Day s Microsoft IT Infrastructure 98-366 High School Squad, Bird Man Ho 98-366 Dump Test Team, Motor Squad leader, and son I was so nauseous Ziku air conditioners, it changed the left hand, Microsoft 98-366 Dump Test a look at his right hand palmarus is a bloody rupture of a blurry and although my hand is full of calluses, MTA Networking Fundamentals but the use of Microsoft 98-366 Dump Test the mountain knife is a concept only used to know. Then I see a lot of people watching me, but fortunately no patrolling.I will explain, but you start to run.

Print Friendly and PDF
Blog
Academy
Community