Finance Stressed assets: RBI defends its circular in Supreme Court Updated : March 27, 2019 09:43 PM IST The Supreme Court has heard a bunch of petitions on the maintainability of RBI's Circular of February 12, 2018. The circular was issued to substitute all the existing guidelines with a harmonised and simplified generic framework for resolution of stressed assets. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.