Monday, August 31, 2020

MoF to review implementation of resolution framework for COVID-19 stress in bank loans

The Ministry of Finance has decided to review with the top management of Scheduled Commercial Banks and NBFCs, the implementation of the resolution framework for COVID-19 related stress in bank loans. The review will focus on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policies

from taxmann.com News https://ift.tt/3bnpFx7

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...