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RBI draft norms for bad loans require a mindset change:SBI

The Reserve Bank today proposed a slew of measures, including incentives to lenders for coming together and tackling an account timely and penalising borrowers with higher interest rates in future for not cooperating for a resolution. The RBI discussion paper is open for public comments till January 1.

first published: Dec 17, 2013 09:57 pm

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