RBI Looked The Other Way When Banks Lent Freely, Ran Up NPAs: Jaitley

Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying the Reserve Bank looked the other way when banks lent indiscriminately during 2008-14 to keep the economy humming.....

 

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It Is Duty Of Legislature: SC Turns Down Subramanian Swamy's Plea For Guidelines For NPAs

The Supreme Court on Thursday declined to entertain a plea by MP Subramanian Swamy seeking framing of guidelines to deal with the menace of NPA in the banking sector, saying, "It is the duty of the legislature" and a policy matter, which should be decided by the government and RBI. ....

 

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