The Reserve Bank of India (RBI) has asked banks to monitor loans under the Mudra scheme over concerns of growing levels of non-performing assets (NPAs) in that category. The warning comes a few months after RBI governor Shaktikanta Das, in a meeting with banks, pulled them up for loose monitoring of these loans in the light of rising defaults.
from The Times of India https://ift.tt/34qjTWZ
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