https://www.taxtmi.com/news?id=21662 The Government's 4R's strategy - recognition, resolution, recapitalisation and reforms - together with the RBI's Asset Quality Review and use of the Insolvency and Bankruptcy Code (IBC), led to transparent reclassification and provisioning of stressed accounts, strengthened loan approval and monitoring procedures, deployment of third party due diligence, specialised monitoring for large exposures, and online one time settlement platforms, measures reported to improve recovery and reduce gross NPAs of public sector banks in provisional RBI data. en-us Wed, 10 Jul 2019 09:41:14 +0530 Wed, 10 Jul 2019 09:41:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21662 The Government's 4R's strategy - recognition, resolution, recapitalisation and reforms - together with the RBI's Asset Quality Review and use of the Insolvency and Bankruptcy Code (IBC), led to transparent reclassification and provisioning of stressed accounts, strengthened loan approval and monitoring procedures, deployment of third party due diligence, specialised monitoring for large exposures, and online one time settlement platforms, measures reported to improve recovery and reduce gross NPAs of public sector banks in provisional RBI data. News - Wed, 10 Jul 2019 09:41:14 +0530 https://www.taxtmi.com/news?id=21662