lending institutions

RBI Circular on display and distribution of list of defaulters and suit-filed accounts

As announced by the Hon'ble Finance Minister in his Budget Speech on February 28, 1994, in order to alert the banks and FIs and put them on guard against borrowers who have defaulted in their dues to other lending institutions, the Reserve Bank of India was putting in place arrangements for circulating among banks and FIs names of defaulting borrowers above a threshold limit.
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RBI Circular on Agriclutural Debt Waiver and Debt Relief Scheme, 2009 – Prudential Norms

RBI/2009-10/ 160 –  RPCD.CO.RF.BC. No.23 /07.37.02/2009- 10 dated: September 16, 2009 Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy.
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Agricultural Debt Waiver and Debt Relief Scheme, 2008– Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy

RBI/2009-10/137 DBOD.No.BP.BC. 35/21.04.048/2009-10 Dated: August 31, 2009 The Chairman and Managing Director/ Chief Executive Officer, All Scheduled Commercial Banks (including Local Area Banks) (Excluding RRBs) Dear Sir, Agricultural Debt Waiver and Debt Relief Scheme, 2008 – Prudential Norms on Income Recognition, Asset Classification, Provisioning and Capital Adequacy.
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WHAT EVERYONE MUST KNOW ABOUT CIBIL

This is the era of high spending. The truth is today people spend more than their grandparents or parents ever did. Increasing incomes, the desire to own a house in one’s early twenties, the availability of variety in lifestyle and brand choices, a booming economy, a growing number of entrepreneurs, new business establishments, etc, are [...]
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