Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
RBI's new rules to discipline wilful defaulters
short by Pranjul Gupta / on Wednesday, 31 July, 2024
Targeting deliberate and significant defaulters, the RBI's new directions enforce stringent identification, punitive measures, and reporting obligations. With an emphasis on internal processes conducted without legal counsel, these initiatives seek to improve accountability, transparency, and discipline in the handling of non-performing assets (NPAs), hence fortifying India's credit system.
read more at Linkedin