The Finance Industry Development Council had also written to the central bank to review the norms...

RBI has allowed banks to recast accounts of individual borrowers and small businesses who had restructured their loans under last year’s resolution framework...

The lenders have requested the banking regulator to at least extend the moratorium to retail borrowers and small and medium businesses...

FIDC has also sought the removal of the Rs 20-lakh limit on loans which qualify as priority sector lending in banks’ book...