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The last few years have been rather tumultuous for the banking and financial services sector of India. The barrage of the NBFC crisis, loan defaults by big borrowers, and global economic slowdown has led lending in India through some very rough times. As 2020 has come, though, this is the ...
Life comes full circle for the TDP chief as he scripts his return to the Andhra assembly as chief minister BY Parth Singh Changemakers 2024: The RBI is Successfully Fighting FOMO India’s central bank has shown exemplary confidence in its analysis of the economy by not bowing to the rate-cu...
their accounts will not be treated as NPAs and banks will not seize their assets and take other action for loan recovery. However, according to the RBI circular, the aggregate exposure, including non-fund based facilities, of banks and NBFCs to the borrower ...