Tag: ease
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Govt, RBI roll out sweeping banking reforms; MSMEs and digital payments get big boost
New Delhi, Aug 11 — The Banking Times Desk Highlights Credit discipline strengthened via IBC, CRILC and early-warning frameworks. NPA resolution push with asset transfer mechanisms and NARCL consolidation. PSB governance upgrades: arms-length leadership selection, non-executive chairmen, performance-linked extensions. Key laws: Banking Regulation (Amendment) Act, 2020; Banking Laws (Amendment) Act, 2025. MSME credit support through…