Bankers see no material impact on their provisioning as RBI deadline ends

As the Reserve Bank deadline to resolve around 70 large accounts worth over Rs 3.8 trillion ended today, and no word coming in from the regulator on an extension, State Bank chairman Rajnish Kumar said the deadline will not have any material impact on provisioning as banks are already in the process of resolving these accounts.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2NsTcss