Defaulting borrowers should be heard before being declared ‘fraud’: RBI
The Reserve Bank of India (RBI) asked banks to give defaulting borrowers enough time before categorizing them as ‘fraud accounts‘…
RBI tightens norms for loans to projects like roads & ports
The RBI has suggested more stringent rules for project funding, which will increase the cost for lenders when offering loans…
Go First: Go First lenders to vote on liquidation
MUMBAI: Go First‘s lenders will vote on a proposal to liquidate the insolvent Indian airline, two banking sources said on…