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Draft restructuring norms a positive: IDBI Bank
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Draft restructuring norms a positive: IDBI Bank
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Published On: February 01, 2013
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The RBI's draft norms on restructured assets will be positive for the sector in the long run, says R.K. Bansal of IDBI Bank. He, however, says that in the near term the need for higher provisioning could impact profitability.
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