Government To Seek Relaxation In Central Bank Norms In IL&FS Case: Report

IL&FS Crisis: Government To Seek Relaxation In Central Bank Norms, Says Report

Some companies of the diversified IL&FS group, which has debt burden of over Rs 91,000 crore, have failed to repay loans.

Corporates | | Updated: January 22, 2019 16:55 IST
IL&FS Crisis: Government To Seek Relaxation In Central Bank Norms, Says Report

Reserve Bank of India (RBI) has strict norms in place regarding non-performing assets for banks