Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT - News blog

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Tuesday, April 16, 2019

Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

It is the obligations of the banks to mark any loan as NPA after a default of 90 days, and they cannot be relieved from doing that, said the Reserve Bank of India, adding that it is a process which every bank has to follow.

from Banking-Banking/Finance-Industry-Economic Times http://bit.ly/2PbYbzn
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