Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

It is the obligations of the banks to mark any loan as NPA after a default of 90 days, and they cannot be relieved from doing that, said the Reserve Bank of India, adding that it is a process which every bank has to follow.

from Banking/Finance-Industry-Economic Times http://bit.ly/2PbYbzn