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IREDA feels the pinch of RBI tightening NPA provisioning norms

NEW DELHI: The Indian Renewable Energy Development Agency (IREDA) expects worsening of its asset quality with the Reserve Bank of India’s recent move to level the playing field on NPA recognition between State-owned NBFCs and private-owned ones. It may be recalled that the central bank had earlier this year tightened the NPA recognition norms for […]

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