RBI asks banks to lay down clear policy on stressed asset sale
Amid rising NPAs, RBI on Thursday asked banks to put in place clear policies for sale of stressed assets to securitisation and reconstruction firms and secure two external valuation reports in case the exposure tops Rs 50 crore.
Sep 01, 2016, 19:42 PM IST
Banks need to urgently reduce stressed assets: RBI deputy Governor
His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again.
Sep 15, 2015, 10:39 AM IST