Joint Lenders' Forum

RBI governor, FinMin officials discuss NPA resolution issues

Besides RBI governor, Financial Services Secretary, other senior officials of finance ministry and RBI were present in the meeting.

May 12, 2017, 20:03 PM IST

RBI says onus of forming JLF on lead bank; warns of penalty

The Reserve Bank of India (RBI) put the onus of forming a Joint Lenders' Forum (JLF) on the bank with highest exposure to a distressed borrower and said Tuesday that failure to do so would attract higher provisioning penalties for that bank alone.

Oct 21, 2014, 23:46 PM IST