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Parliament panel discusses NPA issue with RBI governor, bankers

Updated : April 11, 2018 11:45 AM IST

the bankers told the panel that the 'one-day' default provision for NPA classification as per the latest RBI circular was too harsh and that it should be made more practical.
Several bankers apprised the Committee on Subordinate Legislation of Rajya Sabha about different aspects of non-performing assets and the efforts being made to tackle the menace.
Top officials of about 16 public sector banks attended the meeting, which lasted for over three hours.
Parliament panel discusses NPA issue with RBI governor, bankers
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