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In a bid to meet RBI norms, banks may offload more bad loans

Updated : April 30, 2018 01:28 PM IST

Asset reconstruction companies (ARC) claim banks will now insist on full cash deals as they have to maintain higher provisioning, the report said
Earlier, RBI has abolished half a dozen existing loan-restructuring mechanisms and instead provided for a strict 180-day timeline for banks
In a bid to meet RBI norms, banks may offload more bad loans
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