Policy
Confidence 0.75
RBI’s New SNFA Rules on Asset Sales
What happened
The Reserve Bank of India has introduced new rules barring banks from selling assets to loan defaulters, which may impact the banking sector's recovery strategies.
Causal chain
India impact
Sector impacts
Short term (1–4 weeks)
Long term (3–6 months)
Sources
- · RBI’s new SNFA rules: Banks barred from selling assets to loan defaulters - The Indian Express