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RBI releases Framework for Revitalising Distressed Assets in the Economy

The Reserve Bank of India today released on its website the Framework for Revitalising Distressed Assets in the Economy. The Framework outlines a corrective action plan that will incentivise early identification of problem cases, timely restructuring of accounts which are considered to be viable, and taking prompt steps by banks for recovery or sale of… Read More

Tags: Economy of IndiafinanceGreen paperLoanReserve BankReserve Bank of IndiaRestructuringSteps (group)

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