Indian banks might have looked to the provision of bad debt for Dewan Housing Finance Corp(DHFL), Anil Ambani-led Reliance Home Finance, KKR-funded CD-Enterprises and CG Power for an additional Rs 30,000 crore against loans. The settlement in any of these accounts was not completed so that in the shortfall in payment over the intervening three months, the December quarter will potentially see a turnaround.
The Reserve Bank of India s....
Tags : Indian banks, Reliance Home Finance, State Bank of India,
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