 "RBI Deputy Governer S S Mundra")
Sticking to deadline of March 2017 to cleaning up of bank books, Reserve Bank of India (RBI) on Thursday said banks must meet capital adequacy norms all through after taking haircuts.
RBI Deputy Governor S S Mundra on Thursday said that during the asset quality review in 2015-16, banks were told to identify stressed assets and make prudential provisions for them.
RBI had indicated about finishing clean up - recognisition and prudential provisioning - by March 2017 and there is no change in timeline, he told reporters after inaugurating branch of Bandhan Bank in South Mumbai.
Asked about failed debt
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