https://www.taxtmi.com/news?id=3204 Regulatory guidance requires banks to maintain documented loan policy and loan recovery policy vetted by their Boards, and places primary responsibility for follow up on lending with the individual banks. The RBI advises strengthened credit appraisal and post credit monitoring, endorses varied bank level recovery procedures where accounts are classified as NPAs, and conducts inspections that examine the quality of advances portfolios. en-us Fri, 04 May 2012 16:47:33 +0530 Fri, 04 May 2012 16:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3204 Regulatory guidance requires banks to maintain documented loan policy and loan recovery policy vetted by their Boards, and places primary responsibility for follow up on lending with the individual banks. The RBI advises strengthened credit appraisal and post credit monitoring, endorses varied bank level recovery procedures where accounts are classified as NPAs, and conducts inspections that examine the quality of advances portfolios. News - Fri, 04 May 2012 16:47:33 +0530 https://www.taxtmi.com/news?id=3204