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 to Regulation Asia

Regulation Asia delivers the latest news, research and analysis on regulation across banking and capital markets.

Sign up for a free trial or subscribe now. Please click on one of the buttons below.

Free Trial Subscribe

To discuss our subscription options
please email renald@regulationasia.com

To Top