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RBI may tighten SDR norms to avoid misuse by banks

The Reserve Bank of India may come down hard on banks that are trying to misuse the powerful strategic debt restructuring tool to camouflage problems. Sources tell CNBC-TV18 that RBI may soon tweak the SDR guidelines to ensure banks do not invoke it simply to avoid higher provisioning.

first published: Dec 10, 2015 10:32 am

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