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RBI should not treat every default as NPA on 90th day: Piyush Goyal
short by Pragya Swastik / on 09 Feb 2019,Saturday
Finance Minister Piyush Goyal on Friday said, "Law cannot be blind, wherein in 90 days arithmetically it (borrower) becomes an NPA (Non-Performing Asset). We will discuss this and we hope to resolve it quickly." Goyal's comments come a day after the Reserve Bank of India said it is not having a relook at a circular about recognising of bad assets.
short by Pragya Swastik / 03:20 pm on 09 Feb
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