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Published 20:35 IST, June 7th 2019

RBI issues new Non-performing asset (NPA) recognition norms, offering a 30-day gap for stress recognition instead of the one-day default earlier

The Reserve Bank on Friday issued a new framework for resolution of bad loans, replacing the previous norms retracted by the Supreme Court in April, offering a 30-day gap for stress recognition instead of the one-day default earlier.

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RBI issues new Non-performing asset (NPA) recognition norms, offering a 30-day gap for stress recognition instead of the one-day default earlier
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19:27 IST, June 7th 2019