Banks Must Fully Automate NPA Classification By June 2021: RBI
The Reserve Bank of India (RBI) logo is displayed outside the central bank in Mumbai, India. (Photographer: Kanishka Sonthali/Bloomberg)

Banks Must Fully Automate NPA Classification By June 2021: RBI

The Reserve Bank of India has reiterated that banks must fully automate the classification of a borrower’s account as a non-performing asset and the calculations of provisions to be made against th...
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