In what comes as a blow to lenders, the RBI has declined a proposal by banks that would have granted them relief from making provisions for the troubled mortgage lender DHFL to which banks have an exposure of Rs 40,000 crore.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2P0NUYL
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Friday, October 18, 2019
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DHFL exposure: RBI rejects banks’ ‘Trust’ proposal
DHFL exposure: RBI rejects banks’ ‘Trust’ proposal
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