1.

The Reserve Bank of India (RBI) made substantial changes in the norms for dealing with stressed loans. In this context, consider the following statements:nI. It made the changes under the 'Framework for Revitalising Distressed Assets in the Economy’.nII. It eased the decision making process in the Joint Lenders' Forum (JLF) and Corrective Action Plan (CAP).nIII. A minimum of 60% of creditors by value and 50% of creditors by number in the JLF would be considered as the basis for deciding the CAP.nIV. Banks are required to implement decision of the JLF within 90 days of the approval.nChoose the correct option

A. I, II and III
B. II, III and IV
C. I, III and IV
D. All of the above
Answer» E.


Discussion

No Comment Found