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Monday, May 8, 2017

Joint Lender Forums: Here are new rules

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Latha Venkatesh The government has notified an ordinance aimed at launching an assault on India#39;s near Rs 10 lakh crore bad loan burden. However, the ordinance is not the only big headline on the non-performing asset (NPA) front. Joint Lender Forums (JLF) have also got more teeth now. Reserve Bank of India (RBI) has issued a notification easing the norms for decision making by lender forums. Watch Latha Venkatesh of CNBC-TV18 explaining the details.

May 08, 2017 at 08:31AM

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