Private banks allowed to undertake agency jobs for central and state govts without any fresh approval: RBI – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/private-banks-allowed-to-undertake-agency-jobs-for-central-and-state-govts-without-any-fresh-approval-rbi/articleshow/82530826.cmsSynopsis Banks seeking fresh approval from RBI for government agency businesses should be healthy and are not under prompt corrective action framework or moratorium

RBI: Restructuring 2.0: can RBI’s pre-emptive move help avert a crisis in retail loans? – The Economic Times

Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/restructuring-2-0-can-rbis-pre-emptive-move-help-avert-a-crisis-in-retail-loans/primearticleshow/82531066.cms Synopsis–Gross retail NPAs have steadily been on the rise and with FY21 numbers breaching the five-year average by a huge margin, regulatory forbearance

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