To avoid bankruptcy proceedings, bankers burning midnight oil to resolve Rs 3.8 trillion NPAs before Monday deadline

With the six-month deadline set by Reserve Bank to finalise resolution plans for around 70 large stressed accounts worth over Rs 3.8 trillion ending tomorrow, banks are burning midnight oil to avoid bankruptcy proceedings against these defaulters who are mostly power producers.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2wm5igv

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Steps to sail through health claims

Opt for cashless settlement of dues, make full disclosure and retain relevant records

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To avoid bankruptcy proceedings, bankers burning midnight oil to resolve Rs 3.8 trillion NPAs before Monday deadline

With the six-month deadline set by Reserve Bank to finalise resolution plans for around 70 large stressed accounts worth over Rs 3.8 trillion ending tomorrow, banks are burning midnight oil to avoid bankruptcy proceedings against these defaulters who are mostly power producers.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2wm5igv

Read more »

To avoid bankruptcy proceedings, bankers burning midnight oil to resolve Rs 3.8 trillion NPAs before Monday deadline

With the six-month deadline set by Reserve Bank to finalise resolution plans for around 70 large stressed accounts worth over Rs 3.8 trillion ending tomorrow, banks are burning midnight oil to avoid bankruptcy proceedings against these defaulters who are mostly power producers.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2wm5igv

Read more »

To avoid bankruptcy proceedings, bankers burning midnight oil to resolve Rs 3.8 trillion NPAs before Monday deadline

With the six-month deadline set by Reserve Bank to finalise resolution plans for around 70 large stressed accounts worth over Rs 3.8 trillion ending tomorrow, banks are burning midnight oil to avoid bankruptcy proceedings against these defaulters who are mostly power producers.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2wm5igv

Read more »