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RBI calls banks to discuss rise in non-performing assets
Citi will get $1.9 billion from the transaction at the current exchange rate, resulting in a pre-tax gain of $1.1 billion (Rs 5,490 crore), and an after-tax gain of approximately $722 million (Rs 3,550 crore).
24 Feb 2012, 11:47 AM IST 
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Source: Reuters
The Reserve Bank of India is set to meet banks to discuss the rising non-performing assets (NPA), according to KC Chakrabarty, deputy Governor of RBI. The RBI meeting would be held either on February 29 or March 1.
