Tag: Banking
Shrishail Kittad, Partner, IndiaLawLLP quoted in LiveMint
https://www.livemint.com/industry/banking/alternative-investment-funds-rbi-tightens-investment-norms-for-banks-housing-finance-companies-and-nbfcs-11702987810382.html
Resolution Framework for Covid-19 related Stress
On 7th June 2019 the Reserve Bank of India (“RBI”) notified the Prudential Framework for Resolution of Stressed Assets (“Prudential Norms”), which provided a principle base for addressing a borrower default. A nation-wide lockdown was
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