"commercial-banks"

As per the revised norms, banks will have to classify their entire investment portfolio under three categories -- Held to Maturity (HTM), Available for Sale and Fair Value through Profit and Loss

However, non-deposit taking NBFCs with asset size below Rs 1,000 crore have the option to continue with their extant procedure.

The CM wrote that such amendments were against the basic principles of the very idea of cooperatives.

RBI’s data-backed forward view should be able to reinforce confidence in entrepreneurs to stimulate economic activities