Power Ministry To Seek Rollback Of RBI’s New Stressed Asset Resolution Norms
A motorcyclist travels along a road as smoke rises from a chimney at the Tata Power Co. Trombay Thermal Power Station in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Power Ministry To Seek Rollback Of RBI’s New Stressed Asset Resolution Norms

The power ministry will seek easier bad loan resolution norms for stressed assets in the sector after an industry lobby group recently said the new rules could push power producers towards bankrupt...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.