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      Question

      According to RBI notification, lenders would have to

      examine all aspects relating to wilful default on accounts. What is the specified outstanding dues amount mentioned in the notification?
      A Rs 20 lakh Correct Answer Incorrect Answer
      B Rs 15 lakh Correct Answer Incorrect Answer
      C Rs 30 lakh Correct Answer Incorrect Answer
      D Rs 25 lakh Correct Answer Incorrect Answer
      E Rs 40 lakh Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India (RBI) has notified that lenders would have to examine all aspects relating to wilful default on accounts with outstanding dues of Rs 25 lakh or more and identify wilful defaulters within six months of a loan becoming a non-performing asset (NPA).

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