RBI allays investor fears over RBL Bank
The regulator also clarified that appointment of additional director in private banks is undertaken as and when it is felt that the board needs closer support in regulatory and supervisory matters.
Banking sector to see significant reforms in 2022; privatisation, IDBI Bank disinvestment on agendaPursuant to the government's 4Rs strategy of Recognition, Resolution, Recapitalisation and Reforms, Non-Performing Assets (NPAs) of the banking sector have declined to Rs 8,35,051 crore as on March 31, 2021.
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