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Kamath committee recommendations will be out by September 6: RBI Governor

The committee on business loan resolution would submit its recommendations within one month and the central bank will soon release its final guidelines on the issue

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The committee will look after business loans above Rs 1,500 crore, while retail loan resolution will be taken care of by bank boards.

Anup Roy Mumbai

3 min read Last Updated : Aug 21 2020 | 2:19 PM IST

The guidelines on the KV Kamath committee recommendations will be out by September 6, Reserve Bank of India (RBI) governor Shaktikanta Das said in a television interview on Friday.

The committee on business loan resolution would submit its recommendations within one month and the central bank will soon release its final guidelines on the issue. Both the process will be done within 30 days from the date of original notification on August 6, Das said in an interview with CNBC TV18.

The committee will look after business loans above Rs 1,500 crore, while retail loan resolution will be taken care

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