Government To Ask RBI To Defer Provisioning For IL&FS Loans
The government will take over IL&FS after defaults by the infrastructure group triggered fears of a contagion in the financial markets.

Government To Ask RBI To Defer Provisioning For IL&FS Loans

The government will approach the Reserve Bank of India seeking a special dispensation for deferring provisions that banks need to make for some IL&FS group companies, according to an official.The R...
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