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amit aggarwal

Amit Aggarwal

The stressed asset resolution framework of RBI aligns the definition of "financial difficulty" with the guidelines issued by Basel Committee on banking supervision

RBI's resolution framework: A prudent mechanism for banks, NBFCs to initiate insolvency process

by Rajesh Narain Gupta |Sep 7, 2021

The framework provides a prudential framework for banks and NBFCs to recognise and report the defaults with complete freedom to design and implement the resolution plan inter-se between borrower and l...