Monday, August 24, 2020

RBI directs Banks to make detailed Board approved policy on methodology and periodicity for review/renewal of Credit facilities [Read Circular]

The Reserve Bank of India (RBI) has directed to make detailed Board approved policy on methodology and periodicity for review/renewal of credit facilities on ad-hoc/short review/renewal of credit facilities of all Scheduled Commercial Banks (excluding RRBs), Small Finance Banks and Urban Cooperative Banks. This circular comes in the wake of an analysis of practices followed […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2QoPRNT

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