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Guidelines for NBFCs on Distressed Assets by fb0078 is a document available to read on EtoBox.

What is Guidelines for NBFCs on Distressed Assets about?

The document outlines guidelines from the Reserve Bank of India for Non-Banking Financial Companies (NBFCs) regarding recognizing and resolving financial distress in loan accounts. Some key points: 1. NBFCs must classify loan accounts into special mention categories (SMA-0, SMA-1, SMA-2) based on the number of days past due on principal or interest payments. 2. NBFCs must report credit information for borrowers with exposure over 50 million rupees to the Central Repository of Information on Large Credits

Author

fb0078

Language

EN