India’s central bank RBI is planning to extend its circular dated February 12 dealing with with resolution of stressed assets, to Non Banking Financial Companies (NBFCs), RBI said yesterday.
from The Financial ExpressThe Financial Express https://ift.tt/2PO1cWh
Thursday, 30 August 2018
Now, NBFCs may be allowed to take defaulting borrowers to IBC as RBI may extend resolution framework
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