The government is going to seek a relaxation in rules for classification of bank loans to a certain set of companies as a “sub-standard” asset, citing difficulties faced by them. These entities are engaged in export and import, or are those that depend on raw materials and inputs, from China where businesses have been impacted due to the coronavirus outbreak.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3c0OVsA
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