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Source: business-standard.com
📰 Compromise Settlements News
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Reserve Bank of India | Congress query on govt influence in Reserve Bank of India's rule on defaulters
Party's communications chief Jairam Ramesh issued a statement saying that 'the PM has always eagerly bent or changed rules to help his friends in a few large business groups'
Source: telegraphindia.com
Cong Questions Govt Over RBI Policy Change To Settle Loans Of Wilful Defaulters
New Delhi, June 14 (IANS) Congress on Wednesday slammed the Centre after the Reserve Bank of India (RBI) brought in a policy that allows banks and fi
Source: menafn.com
rbi: RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Congress
The Congress party has criticized the Reserve Bank of Indias (RBI) decision to allow banks to make a compromise settlement on fraud accounts and wilful defaults. Congress General Secretary Jairam Ramesh has demanded that the RBI immediately repeals its instructions, stating that the new rules mean wilful defaulters who have run away with public money are receiving a "clean chit". The Congress party has claimed that banking frauds have risen 17-fold under the current Modi government.
Source: indiatimes.com
RBI's Revised Framework For Compromise Settlements And Technical Write-offs Compromise The Integrity Of The Banking System- Does It Incentivise Corporate Fraud?
To
Andhra Pradesh Shri Das Shri Shaktikanta Das Power Of Reserve Bank Compromise Settlements Technical Write Offs
Source: countercurrents.org
RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Cong
Addressing a press conference at the AICC headquarters here, AICC secretary Vineet Punia and Congress leader Amitabh Dubey said the financial burden on this country from fraud and wilful defaults has been severe.
Vijay Mallya Mehul Choksi India Bank Employees Association India Bank Compromise Settlements Technical Write Off
Source: indianexpress.com
Cong slams govt over RBI policy change to settle loans of wilful defaulters
Congress on Wednesday slammed the Centre after RBI brought in a policy that allows banks to settle loans of accounts classified as "wilful defaulters" by entering into compromise settlements
Source: business-standard.com
Congress questions RBI's new policy to settle loans of "wilful defaulters"
Congress on Wednesday slammed the Centre after the Reserve Bank of India (RBI) brought in a policy that allows banks and finance companies to settle loans of accounts classified as "wilful defaulters" by entering into compromise settlements or technically writing off the loans, and asked why it has changed its own rules with regards to frauds.
Source: ibtimes.co.in