A pedestrian walks past the Asiatic Society of Mumbai library as the Reserve Bank of India (RBI) headquarters building stands in the background in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

RBI Tweaks NPA Divergence Disclosure Norms

The Reserve Bank of India on Monday asked banks to disclose bad loan divergences in their financial statements if the additional provisioning exceeds 10 percent of profit before provision and conti...