Current Affair!RBI makes NPA divergence rule easier for banks.The RBI brought leniency in its rule on 1st April 2019 by asking banks to disclose bad loan divergences in their financial statements on the condition if divergence exceeds 10% of profit prior to provision and contingencies. - Study24x7
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Priya Sharma
10 Apr 2019 01:04 PM study24x7 study24x7

Current Affair!

RBI makes NPA divergence rule easier for banks.
The RBI brought leniency in its rule on 1st April 2019 by asking banks to disclose bad loan divergences in their financial statements on the condition if divergence exceeds 10% of profit prior to provision and contingencies.

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