Banks Act Against Future Retail for Missing Payments
Banks have started classifying loans to Future Retail Ltd (FRL) as a “non-performing asset” after the company missed payments to them, Banks told the Supreme...
Tag : non-performing asset (NPA)
Banks to Mandatorily Automate NPA Recognition by 30 June, Says RBI
The Reserve Bank of India (RBI) has issued the date for completion of automation in inadequate loan recognition as well as the provisioning latest by 30 June...