Bad Loans: RBI's Carrot & Stick Approach
  • Prabha Hedge
  • Jan 31 2014

January 31: The RBI has proposed norms aimed at reducing bad loans. Future loans have been made more expensive for borrowers who do not co-operate in resolving existing bad loans. The central bank has also offered a liberal regulatory treatment for distressed asset sales. Bloomberg TV India’s Saloni Shukla shares a detailed report on the same.