The Reserve Bank of India (RBI) has issued a draft master direction on the treatment of wilful defaulters, allowing borrowers to remove the tag by reaching a compromise settlement with banks. The new rules aim to provide a transparent procedure for classifying borrowers as wilful defaulters while complying with the principles of natural justice. However, some criminal cases may lose ground as a result.
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X unblocks Reuters in India: Government steps in, says didn't request takedown
X, the social media platform, restored Reuters' official account in India after it was temporarily withheld due to a "legal demand." The Ministry of Electronics and Information Technology clarified that the Indian government had not requested the action. X explained that content is withheld based on valid legal requests, and they are working to resolve the issue. from Times of India https://ift.tt/7aZWERy via IFTTT
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