The banks are here and they can consider it. We can give 15-30 days,†RBI’s counsel informed the Supreme Court.
Mumbai: The Reserve Bank on Wednesday reiterated that stressed companies have no resolution plan despite ample time given to them. In its submissions before the Supreme Court (SC), the regulator said that if the companies were ready with a plan, they should place it before the court.
“Let them place the plan before the court. The banks are here and they can consider it. We can give 15-30 days,” RBI’s counsel informed the Supreme Court.
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