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Banks Stressed assets News

01 Sep 2016

RBI asks banks to lay down clear policy on stressed asset sale

Amid rising NPAs, RBI on Thursday asked banks to put in place clear policies for sale of stressed assets to securitisation and reconstruction firms and secure two external valuation reports in case the exposure tops Rs 50 crore.

15 Sep 2015

Banks need to urgently reduce stressed assets: RBI deputy Governor

His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again.

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