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Decoding Lok Sabha election results 2019: 6 reasons how the verdict became a pro-incumbency vote

272/543
L :0
W :353
L :0
W :92
NDA :353 | Need More Seats to win
Need 180 More Seats to win | UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
YSRCP
22
+
TMC
22
+
Other
53
VIDEOS
Finance

SC striking down RBI’s Feb 12 circular will not have any impact on credit culture: Rajnish Kumar

Updated : April 02, 2019 05:52 PM IST

State Bank of India chief Rajnish Kumar, in an interview with CNBC-TV18, said that the Supreme Court’s move to strike down RBI’s February 12 circular will not change credit culture.

“Our (SBI’s) approach to the resolution of stressed assets, which is a proactive approach - recognise early the asset and take corrective action… there will be no change in that and the discipline which has come in market around payment - I don’t think that is going to be diluted in any manner,” he said.

“One, banks have already put a resolution framework under bank led resolution approach where that system has already started functioning. Second is Supreme Court has upheld the constitutional validity of Insolvency and Bankruptcy Code (IBC) in their previous judgements,” he added.
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