RBI’s New Debt Resolution Framework Too Stringent, Bankers Tell Parliamentary Panel
The Reserve Bank of India (RBI) logo is displayed on the bank’s building in Mumbai, India. (Photographer: Adeel Halim/Bloomberg)

RBI’s New Debt Resolution Framework Too Stringent, Bankers Tell Parliamentary Panel

Bankers told a parliamentary panel that the central bank’s Feb. 12 circular revising the debt restructuring framework is too stringent as it triggers a resolution plan within a day of default, a pe...
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