RBI's Bold Move: Cracking Down on Defaulters to Fortify India's Banking System

CA Aman Rajput , Last updated: 09 November 2023  
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Introduction The Reserve Bank of India (RBI) is a key player in maintaining the stability and integrity of Indias banking system. To address concerns about wilful defaulters and large defaulters, RBI has introduced comprehensive directions in 2023. These rules are designed to fortify the banking

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CA Aman Rajput
(Chartered Accountant)
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