RBI had this to say on its stance on Revised Framework on Resolution of Stressed Assets

The Reserve Bank of India has reacted to section of media where in stance of

central banker with regard to Revised Framework on Resolution of Stressed Assets issued on Feb 12, 2018 has been raked up.

The RBI cited that since the matter is sub judice and SC has reserved its orders on the matter, RBI won’t comment on specific details

But the central banker reiterated that the Reserve Bank of India maintains its stand on all aspects of the Framework as has been consistently articulated in its communications.

This also includes the clarification given during the post-monetary policy press conference on February 07, 2019.

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