The Reserve Bank of India’s new tough one-day default rule is an “early warning” and will not affect the credit rating of a company while concerns over the stipulation are being considered by the central bank, State Bank of India chairperson Rajnish Kumar has told a parliamentary panel.
The Reserve Bank of India’s new tough one-day default rule is an “early warning” and will not affect the credit rating of a company while concerns over the stipulation are being considered by the central bank, State Bank of India chairperson Rajnish Kumar has told a parliamentary panel.
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