Clean-up Act

The Economic Times - - Companies -

net profit may crash in the March quar­ter, while pri­vate banks may re­port a growth pri­vate banks may ad­vance And for state banks, it may fall

Asset qual­ity

5% Rev­enue for 15%. Asset Qual­ity Re­view Last Dec, 3%

RBI un­der­took an asset qual­ity re­view, where it listed out 150 cos, which are un­der stress and di­rected banks to make proac­tive pro­vi­sions

re­view would re­quire banks to make higher pro­vi­sion­ing in the third and the fourth quar­ters of 2015-16

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