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New prudential norms: NBFCs get some leeway on bad loans classification

Green Hearts by Green Hearts
February 15, 2022
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The Reserve Bank on Tuesday allowed some rest within the stricter prudential norms introduced for all lenders, together with shadow banks, final November by extending the time until September 2022 to implement the rules concerning upgrading an NPA account as customary however upon clearing all dues.



Tags: BadClassificationleewayloansNBFCsnormsprudential
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