Current Affairs Economy & Banking

KV Kamath committee to help with Covid-19 related stressed assets

Category : Economy & Banking

  The Reserve Bank of India (RBI) has set up an expert committee under veteran banker KV Kamath to suggest financial parameters for resolution of Covid-19 related stressed assets. The committee will submit its recommendations to the RBI, which will notify them along with modifications, in 30 days. The other members of the committee will be Diwakar Gupta, T N Manoharan and Ashvin Parekh will be strategy advisor and the Indian Banks’ Association CEO will function as member secretary of the panel.


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