RBI Turns Down Bank Requests for Special Classification of IL&FS Loans

Banks will need to provision for IL&FS assets at the standard rate of 15% in the first year in the December quarter and will not get the six month reprieve they had asked for.

To continue reading...

Get access

Get access immediately by purchasing a 12 month subscription, or register today to get access to a free 5-article trial:

Register Subscribe

To discuss subscription options with our team please email: [email protected]

To Top