RBI: Banks flouting lending regulations | Mint - Mint

RBI said that banks and financial institutions have been found to have violated instructions which mandate that for projects undertaken by government owned entities, ‘term loans should be sanctioned only for corporate bodies’

MUMBAI : The Reserve Bank of India (RBI) on Tuesday said it has found banks flouting norms related to lending to government-owned entities and sought strict adherence to regulatory guidelines.  "We h… [+1487 chars]

full article...