Banks set to seek NPA relaxation, guarantees from RBI

On the table is a relaxation of the NPA recognition timeline to 180 days from 90 days, which would give banks more time to assess damage and cushion impact on their financial metrics, especially capital and provision coverage, three persons familiar with the deliberations said. The suggestions also include a possible government guarantee of first loss for funding SMEs.

from Banking/Finance-Industry-Economic Times https://ift.tt/2wInVhO