Monday, February 17, 2020

Telecom AGR crisis: RBI closely monitoring developments

With massive Rs 1.47 lakh crore of AGR (adjusted gross revenue) dues pushing telecom firms to the brink, Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said the central bank is "very closely monitoring" the fallout of the crisis on lenders by way of a default, if any, by telecom players.

from Gadgets Now https://ift.tt/2uRJA6j

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