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Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
16 Jul
Published
RBI & Policy
4 min read· Economic TimesRBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related parties
New Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply to banks, small finance banks, and NBFCs starting October 2026. Specified non-financial assets are those obtained when resolving stressed loans from borrowers. Lenders must establish…
New Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply to banks, small finance banks, and NBFCs starting October 2026. Specified non-financial assets are those obtained when resolving stressed loans from borrowers. Lenders must establish
#RBI
Source: Economic Times