by Not Zero | 11:17 pm

After outlining loan recast plan, RBI has begun dialogue with stakeholders, including bankers and insolvency professionals, to work on their role details and timelines. There is a definite sense of urgency, though no timelines have been specified as of yet. This was the first meeting after RBI’s statement on Monday on future steps for prompt resolution of troubled assets, banking sources said.
-Business Standard

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