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RBI defends compromise settlement, says lenders to exercise 'discretion' | Business News,The Indian Express - Vimarsana News

RBI defends compromise settlement, says lenders to exercise 'discretion' | Business News,The Indian Express

According to the RBI, the primary regulatory objective of the circular -- issued on June 8, 2023 -- is to enable multiple avenues to lenders to recover the money in default without much delay.