SC scraps RBI's bad loan resolution framework: Find out what impact this could have

Name: SC scraps RBI's bad loan resolution framework: Find out what impact this could have
Uploaded: 2019-04-03T02:39:45+00:00
Duration: 3 min 20 s
Channel: CNBC-TV18
Description: In what comes as a major setback for the Reserve Bank of India (RBI), the Supreme Court (SC) has declared the central bank's bad loan resolution framework, which came into effect from February 12, 2018 as "unconstitutional". CNBC-TV18’s Latha Venkatesh explains the impact this could have and also the options before the RBI now.

CNBC-TV18

In what comes as a major setback for the Reserve Bank of India (RBI), the Supreme Court (SC) has declared the central bank's bad loan resolution framework, which came into effect from February 12, 2018 as "unconstitutional". CNBC-TV18’s Latha Venkatesh explains the impact this could have and also the options before the RBI now.

Recommended