Government, RBI Lock Horns Over New Stressed Asset Rules
Finance Minister Arun Jaitley with Reserve Bank of India Governor Urjit Patel in New Delhi on February 11, 2017. (Photograph: PIB)

Government, RBI Lock Horns Over New Stressed Asset Rules

India’s finance ministry is not in favour of the new stressed asset rules announced by the Reserve Bank of India in February, as it fears the tough new norms will have unintended consequences, an o...
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