Banks, NBFCs ask RBI to Relax Bad Loan Rules

Banks, NBFCs ask RBI to Relax Bad Loan Rules

A flexible re-structuring of all categories of borrowers up to two years is the request from all banks, Non-banking financial companies (NBFCs) and Small Finance Banks (SFBs) to Reserve Bank of India.  This has been prompted due to the current Second Wave of the Pandemic which is daunting the country.

Bad loan

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