Tag: time limit of loan restructuring

RBI’s new order on Provisioning will take 50,000 crore Shock

The Reserve Bank of India surprised the banks on Friday night. For the cases being taken to the banker’s court, the RBI has made huge increase in provisioning. This may result in a jerk of Rs 50,000 crore in the financial year 2018. Two bankers aware of the RBI order have said this.

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