banner_ad

RECENT RBI WRITE OFF

218 views 2 replies
User Avatar

30 Points Posted on 01 May 2020
Respected sir, please clarify about bank write off. Some people say, that RBI's write off will slow down the process of loan recovery. Is it true?
Reply Share Follow
On 01 May 2020 at 18:28 Report
Replies (2)
User Avatar

My grammar is 💯 good I
7301 Points Posted on 02 May 2020

I’m not talking about RBI, but in general, when the loan recovery is painstakingly slow which eventually turns out to be an NPA, it is written off as a loss. 

15 Reply
On 02 May 2020 at 10:19
Guest
It is just writing off in the books of accounts. All recovery court cases/litigation and others agencies will continue in their recovery pursuit. We do have now a much stronger act and law for people fleeing country or defaulting.
Reply
On 04 May 2020 at 14:16


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details