Banks struggle to resolve stressed accounts, face Rs 30,000 crore provisioning in Q4

The central bank’s June 7 circular requires banks to put in place ICAs within a month of the review period.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/banks-struggle-to-resolve-stressed-accounts-face-rs-30000-crore-provisioning-in-q4/articleshow/72135361.cms