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RBI revises NPA norms for co-op banks
Business Standard
|August 03, 2024
Pointing to variation in the treatment of provisions for non-performing assets (NPAs) across co-operative banks, Reserve Bank of India on Friday issued norms for uniformity in the treatment of Bad and Doubtful Debt Reserve (BDDR) for prudential purposes.
As a one-time measure, it also prescribed specific steps to facilitate rectification and smoother transition to an accounting standard compliant approach.
Dit verhaal komt uit de August 03, 2024-editie van Business Standard.
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