SC declines to entertain plea seeking guidelines to tackle rising NPAs in banking sector

Oct 07, 2021

New Delhi [India], October 7 : The Supreme Court on Thursday declined to entertain a plea filed by BJP MP Subramanian Swamy seeking direction to frame guidelines to deal with the ever-increasing Non-Performing Assets (NPA) in the banking sector.
The Apex Court disposed of the plea and told Swamy that it's a policy matter to be decided by the government and Reserve Bank of India (RBI).
The Court allowed Swamy to make representation before the RBI.

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