RBI keeping close watch on top 20 conglomerates
The Reserve Bank of India (RBI) is keeping a close watch on the top 20 business houses that have the largest borrowings from banks to identify risks in advance, said people with knowledge of the matter.
This increased vigilance is in addition to the routine monitoring of systemically important financial intermediaries and the Central Repository of Information on Large Credits (CRILC).
Read more at: ECONOMIC TIMES
