Category Archives: bankruptcy

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RBI Tightens Rules With New Bad-Loan-Resolution Framework

RBI Tightens Rules With New Bad-Loan-Resolution FrameworkReserve Bank of India (RBI) Governor Urjit Patel in Mumbai. Credit: Reuters/Shailesh Andrade Mumbai: The Reserve Bank of India (RBI) late on Monday tightened its rules around bank loan defaults, seeking to push more large loan defaulters toward bankruptcy courts and abolishing half a dozen existing loan-restructuring mechanisms, in… Read More »