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Home / Tag Archives: Technology Updates 2018

Tag Archives: Technology Updates 2018

Banks recover Rs 40,400 crore from defaulters in FY18: RBI

  The various channels through which lenders recovered their bad loans include the Insolvency and Bankruptcy Code (IBC), SARFAESI Act, debt recovery tribunals (DRTs) and Lok Adalats. Banks have seen a significant improvement in recovery of stressed assets helped by the Insolvency and Bankruptcy Code (IBC) and amendments in the …

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