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Yes Bank can't declare private firm as NPA due to COVID-19: Delhi HC
short by Anushka Dixit / on 08 Apr 2020,Wednesday
The Delhi HC said that due to the measures introduced by RBI, YES Bank couldn't have declared a real-estate company as a non-performing asset. The company, Anant Raj, failed to pay January loan installment due to COVID-19 crisis but will make payment on or before April 25. Yes Bank had given Anant Raj a loan of ₹1,570 crore between 2016-18.
short by Anushka Dixit / 05:26 pm on 08 Apr
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