Banks to ask RBI for softer NPA norms, Government cover for SME loans

Staring at a double blow of rising delinquences and falling loan demand, banks are all set to request the Reserve Bank of India (RBI) for extraordinary relaxations in accounting of non-performing assets (NPAs) and could also seek government guarantees for loans to small and medium enterprises (SMEs).

from Banking/Finance-Industry-Economic Times https://ift.tt/3ewiSC4