India's finance ministry wants the ReserveBank of India to set up a fund to buy out stressed assets of the country's top 25 shadow lenders, a government source told reporters on Thursday.
The government has also asked the central bank to consider a one time waiver to banks from classifying some real estate loans as bad loans, the government official, who declined to be named, said.
However, the RBI has opposed the idea of opening its balance sheet to buy toxic assets of the non-banking finance companies, the official said, adding discussions were ongoing.
The government has also asked the central bank to consider a one time waiver to banks from classifying some real estate loans as bad loans, the government official, who declined to be named, said.
However, the RBI has opposed the idea of opening its balance sheet to buy toxic assets of the non-banking finance companies, the official said, adding discussions were ongoing.
Nice Article. Thank you for sharing the informative article with us.
ReplyDeleteThis post is helpful to many people. stockinvestor.in is a stock related website which provides all stocks related information like new stocks and shares available in the stock market.
edelweiss stock
lichf share price
Thanks for Sharing Great Article...
ReplyDeleteGold/Silver
Immediate Arrangement
Market
Nice article. stockinvestor.in shares information related to stock market like stock market analysis, advice the tips to invest in the stock market, and also provides stock market recommendations.
ReplyDeleteMarket capitalization
Sensex index
Capital Markets