Question

The Supreme Court struck down a February 2018 Reserve Bank of India (RBI) circular giving lender banks ______ months to resolve their stressed assets or move under the Insolvency Code against private entities who have defaulted in loans worth over Rs. 2000 crore.
3
6
9
12
15

Answer 1

Answer:

The Supreme Court struck down a February 2018 Reserve Bank of India (RBI) circular giving lender banks Six (6) months to resolve their stressed assets or move under the Insolvency Code against private entities who have defaulted in loans worth over Rs. 2000 crore.

The judgment ranges from power to telecome's Company to steel, infrastructure, sugar.

RBI has circular giving lender banks Six months to resolve their stressed assets.

Answer 2

$\huge\mathscr\green{Hey \: Mate}$

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