Global brokerages positive on revised RBI circular on NPAs, say welcome move for banks
Updated : June 10, 2019 02:11 PM IST
This circular is far more practical in providing creditors the choice between resolution with the borrower or referral to the NCLT for auction, said BofA
The new norms should help in expediting resolution for power sector lending, said Deutsche Bank.
CLSA prefers private corporate banks like ICICI Bank, IndusInd Bank, and among PSUs, it prefers SBI.
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