Banks seek RBI nod to recast Rs 3 lakh crore loans minus downgrade - Business News, Finance News, Share Market News - Market trendz

Post Top Ad

Wednesday 3 June 2020

Banks seek RBI nod to recast Rs 3 lakh crore loans minus downgrade

At the end of April, banks had an exposure of Rs 2.3 lakh crore to commercial realty, Rs 45,862 crore to hospitality businesses, and over Rs 30,000 crore to aviation firms. Banks have told the Reserve Bank of India (RBI) that without the restructuring relief, nonperforming assets (NPA) on their balance sheets will surge.

from Banking/Finance-Industry-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad