The Reserve Bank of India (RBI) relaxed the provisioning norms for banks with retrospective effect from September 30, 2010, which in turn could help banks post higher profits. In an interview with CNBC-TV18, Haseeb Drabu, Economist and Vaibhav Agarwal, Angel Broking, speak about the new provisioning norms and give their outlook going forward.
first published: Apr 26, 2011 11:41 am
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