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All lenders must put in place Board-approved policies for resolution of stressed assets, including the timelines for resolution. The lenders shall initiate the process of implementing a resolution plan (RP) even before a default. Once a borrower is reported to be in default by any of the lenders, lenders shall undertake review of the borrower account within thirty days from such default (“Review Period”). During this Review Period of thirty days, lenders may decide on the resolution strategy, including the nature of the RP, the approach for implementation of the RP, etc. The lenders may also choose to initiate legal proceedings for insolvency or recovery In cases where RP is to be implemented, all lenders shall enter into an inter-creditor agreement (ICA), during the above-said Review Period, to provide for ground rules for finalisation and implementation of the RP in respect of borrowers with credit facilities from more than one lender. The ICA shall provide that any decision agreed by lenders representing 75 per cent by value of total outstanding credit facilities (fund based as well non-fund based) and 60 per cent of lenders by number shall be binding upon all the lenders.
The Chairperson and Chief Executive Officer FSSAI have appointed by_____
The Coffee plant is a small, broadleaf evergreen shrub or small tree with an upright habit. Coffee belongs to which family group?
Which of the following element is not involved in chlorophyll structure?
Sodium hypochlorite is used:
The Father of Blue Revolution is
Which one of the following is not a bunch type variety of ground nut?
For fiber purpose jute crop should be harvested at which of the following stage?
MOP is not suitable to apply
Factors such as crop species, varieties, weeds, insect-pests, and diseases, which determine the crop configuration and performance of cropping pattern ...
Groundnut aphid (Aphis craccivora) apart from ground nut it is a serious pest of
