Do Not Want A Repeat Of High NPAs Of The Past\, Says RBI’s Das

Do Not Want A Repeat Of High NPAs Of The Past, Says RBI’s Das
Shaktikanta Das, governor of the Reserve Bank of India (RBI) in Mumbai, India, on March 3, 2020. (Photographer: Kanishka Sonthali/Bloomberg)

Do Not Want A Repeat Of High NPAs Of The Past, Says RBI’s Das

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The Reserve Bank of India’s recent framework for stressed asset resolution is intended to provide relief to viable businesses hit by the Covid crisis, while avoiding a repeat of high levels of non-...