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Best of BS Opinion: Pathways to a Viksit Bharat, rules of recovery, & more - Vimarsana News

Best of BS Opinion: Pathways to a Viksit Bharat, rules of recovery, & more

Here is the best of Business Standard's opinion pieces for today

Reserve Bank of India | Congress query on govt influence in Reserve Bank of India's rule on defaulters - Vimarsana News

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'

Rules of recovery - Vimarsana News

Rules of recovery

Settlement framework provides another option

Cong Questions Govt Over RBI Policy Change To Settle Loans Of Wilful Defaulters - Vimarsana News

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 - Vimarsana News

rbi: RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Congress

The Congress party has criticized the Reserve Bank of India's (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.