RBI to Decide on Required Action After SC Order, Says Arun Jaitley

Earlier on Tuesday, the Supreme Court quashed the Reserve Bank of India (RBI) circular February 12, 2018, on company insolvency, which mandated that lenders have to provide a resolution plan for large stressed accounts of Rs 2,000 crore and above within 180 days of default.

from Top India News- News18.com https://ift.tt/2OGJVOL