RBI's new current account norms make foreign banks jittery - THEMARKETTRENDZ

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Tuesday, 1 September 2020

RBI's new current account norms make foreign banks jittery

As per the latest RBI guidelines, a bank opening a dedicated current account of any company with Rs 50 crore or more in debt must have at least 10 per cent loan exposure in the concerned business entity.

from Banking/Finance-Industry-Economic Times
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