Resolution primary objective of IBC; but need to be mindful of recovery too: SBI MD Swaminathan J


Resolution primary objective of IBC; but need to be mindful of recovery too: SBI MD Swaminathan J

"We will stay the course on those lines, despite the criticism that either we are being pushed more towards recovery, or we are just being mindful of a resolution, disregarding the recovery percentage," Swaminathan said at an event organised by Indian Institute of Management, Ahmedabad.

"HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 5 basis points, with effect from May 1, 2022," the company said in a statement.


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