The Bombay High Court (HC) has stayed, till 11 September 2023, the effects of master directions issued by the Reserve Bank of India (RBI) on fraud classification and reporting by commercial banks. A division bench of Justice GS Patel and Justice Neela Gokhale stayed the effects of RBI master directions until it hears petitions challenging the directions.
Bombay HC stays action under 2017 RBI Master Circular on fraud classification of bank accounts indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.