TITLE

Finance Ministry tells PSBs in consortium not to change loan terms individually

PUB. DATE
March 2015
SOURCE
FRPT- Finance Snapshot;3/22/2015, p12
SOURCE TYPE
Industry Profile
DOC. TYPE
Article
ABSTRACT
The article reports that India's finance ministry has instructed public sector banks (PSBs) against practice of providing individually renegotiating loan sanction terms with borrowers in the case where lenders are part of a consortium.
ACCESSION #
102700305

 

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