close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Banking Regulation (Amendment) Ordinance

Bad loans: SC gives RBI a week to reply on expert panel report

The apex court had in November last year observed that the disclosure of names of big loan defaulters who owe Rs 500 crore and more to banks, would not lead "anywhere" as the important issue was to address "root cause" of accumulation of the non-performing assets (NPAs).

Jul 17, 2017, 20:29 PM IST

Govt to push Banking Regulation Bill in Monsoon Session

The government in May promulgated an ordinance authorising the Reserve Bank to issue directions to banks to initiate insolvency resolution process in case of loan default.

Jul 11, 2017, 14:54 PM IST