Section 35AB of BRA : Section 35Ab: Power Of Reserve Bank To Issue Directions In Respect Of Stressed Assets
BRA
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Explanation using Example
Imagine a situation where "Fast Growth Bank" has a significant number of loans that are not being repaid on time. These non-performing assets (NPAs) are causing financial strain on the bank's operations. To address this issue, the Reserve Bank of India (RBI), utilizing its powers under Section 35AB of the Banking Regulation Act...
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