Tag: loan practices

‘Need to tighten loan practices in banks’

Reserve Bank of India Governor Raghuram Rajan has called for the need to tighten loan practices at state-run banks. "There is a need to tighten loan practices at state-run banks," Rajan said while addressing the annual bankers conference on Tuesday.  "Loan sanctioning process should be shifted from the present committee-based approach to single banker taking …

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August 16, 2016