HomeNewsBusinessCNBC-TV18 CommentsIs RBI's recent move to relax rules for banks under fire?

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Is RBI's recent move to relax rules for banks under fire?

The Reserve Bank of India's (RBI) revised provisioning guidelines may have brought relief to banks which are yet to achieve 70% provision coverage ratio. It has irked many experts who consider RBI's relaxation too ad hoc and ill timed. CNBC-TV18's Gopika Gopakumar reports.

April 28, 2011 / 17:55 IST

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The Reserve Bank of India

TAGS: #Angel Broking #CNBC-TV18 #CNBC-TV18 Comments #Economist Haseeb Drabu #Gopika Gopakumar #ICICI #public sector banks #RBI #Reserve Bank of India #SBI #Vaibhav Agarwal #VP of Research

first published: Apr 27, 2011 10:35 pm

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