HDFC BANK : HDFC Bank's CEO Sashidhar Jagdishan told #investors that the bank could see a rise in #loan delinquency as #business momentum and collections have slowed since #COVIDSecondWave engulfed the country, including the previously resilient #rural pockets.(NEGATIVE)
#economy #India
#economy #India
◼️Total #amount of #DLG cover on any outstanding #portfolio specified upfront cannot exceed 5% of #loan amount
◼️Period for which DLG agreement will remain in force to not be less than longest tenor of loan in underlying loan #portfolio
◼️Period for which DLG agreement will remain in force to not be less than longest tenor of loan in underlying loan #portfolio
#RBI issues instructions for penal charges in #loan accounts, guidelines w.r.t penal charges in loan accounts will be effective Jan 1, 2024
@RBI https://t.co/TezBddck2D
@RBI https://t.co/TezBddck2D