Motilal Oswal
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Motilal Oswal
Finance

In a letter to RBI, banks voice concerns over February 12 circular, IL&FS crisis

Updated : January 03, 2019 02:23 PM IST

First on the agenda was the February 12 circular on resolution of bad loans.
Second issue related to IL&FS Group loans. The banks have expressed concerns that lenders have so far been restrained from initiating any enforcement action for recovery of their dues due to the NCLAT order.
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