The issue of more effective co-ordination among the banks and the FIs has been engaging the attention of the financial institutions, banks and the Reserve Bank for sometime past. Informal meetings of the Heads of select banks and FIs were convened by the Governor to identify and deliberate upon the issues of common interest. The following seven issues emerged at the meetings: a. Timeframe for sanction of facilities; b. Asset classification across consortium members; c. Disciplining borrowers - change in management; d. Sharing
The issue of more effective co-ordination among the banks and the FIs has been engaging the attention of the financial institutions, banks and the Reserve Bank for sometime past. Informal meetings of the Heads of select banks and FIs were convened by the Governor to identify and deliberate upon the issues of common interest. The following seven issues emerged at the meetings: a. Timeframe for sanction of facilities; b. Asset classification across consortium members; c. Disciplining borrowers - change in management; d. Sharing
The issue of more effective co-ordination among the banks and the FIs has been engaging the attention of the financial institutions, banks and the Reserve Bank for sometime past. Informal meetings of the Heads of select banks and FIs were convened by the Governor to identify and deliberate upon the issues of common interest. The following seven issues emerged at the meetings: a. Timeframe for sanction of facilities; b. Asset classification across consortium members; c. Disciplining borrowers - change in management; d. Sharing