MoF to review implementation of resolution framework for COVID-19 stress in bank loans

The Ministry of Finance has decided to review with the top management of Scheduled Commercial Banks and NBFCs, the implementation of the resolution framework for COVID-19 related stress in bank loans. The review will focus on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policiesThe Ministry of Finance has decided to review with the top management of Scheduled Commercial Banks and NBFCs, the implementation of the resolution framework for COVID-19 related stress in bank loans. The review will focus on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policiestaxmann.com NewsRead More

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