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No dilution of February 12 circular over stressed assets: RBI

Reserve Bank of India (RBI) Governor Shaktikanta Das last month had said there would be no changes in the circular

RBI Governor Shaktikanta Das (left), who chaired his first MPC meeting, and Deputy Governor Viral Acharya during a press conference in Mumbai on Thursday             	Photo: KAMLESH PEDNEKAR
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RBI Governor Shaktikanta Das (left), who chaired his first MPC meeting, and Deputy Governor Viral Acharya during a press conference in Mumbai on Thursday Photo: KAMLESH PEDNEKAR

Press Trust of India Mumbai
The Reserve Bank of India Saturday maintained that there is no dilution in its stand with regard to February 12 circular on stressed assets recognition and resolution.


"It is reiterated that the Reserve Bank maintains its stand on all aspects of the Framework as has been consistently articulated in its communications, including the clarification given during the post-monetary policy press conference on February 7, 2019," the central bank said in a statement.

The statement comes amid reports that the RBI seems