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...


Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select subscribe below to view our subscription packages or you can email us at [email protected] to discuss your options.


Request a Trial

Get in touch today to discuss a trial giving you unrestricted and unlimited access to Regulation Asia for you and/or your team(s) for a limited period. Email us at [email protected]

To Top
Share via
Copy link
Powered by Social Snap