Current Affairs · Banking Regulations
In April 2025, the RBI revised guidelines on the 'Prudential Framework for Resolution of Stressed Assets'. What is the major focus of these updated guidelines?
- 1Allowing crypto-backed restructuring
- 2Strengthening timelines for reporting defaults and resolution✓
- 3Permitting banks to bypass provisioning norms
- 4Allowing NBFCs to sell stressed loans directly to corporates
Correct answer
Strengthening timelines for reporting defaults and resolution
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