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Ensure timely resolution for better valuation, RBI deputy governor Vishwanathan tells banks

Updated : August 20, 2019 12:24 PM IST

Vishwanathan was addressing the gathering at the FICCI-IBA annual meet, FIBAC 2019.
Speaking about the June 7 circular on Prudential Framework for Resolution of Stressed Assets, Vishwanathan said RBI has given a lot of freedom to banks to determine contours of resolution plan under June 7 circular.
Ensure timely resolution for better valuation, RBI deputy governor Vishwanathan tells banks
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