Lending to Discoms: Power ministry wants RBI to direct banks to follow strict norms

According to sources, discoms’ outstanding borrowings were to the tune of Rs 5 lakh crore as at end-FY20, and more than a fifth of this is in the form of state government loans.

from The Financial Express https://ift.tt/3BlTpWW
https://ift.tt/eA8V8J FE Bureau