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RELAXED NORMS: The Reserve Bank of India allowed banks to restructure real estate loans on softer terms.

RELAXED NORMS: The Reserve Bank of India allowed banks to restructure real estate loans on softer terms.

Morgan Stanley slams RBI for easing norms

Morgan Stanley has said it would sell bank stocks at ‘each and every rally’ as it believes looser asset classification norms announced on December 6 would put banks at higher risk.

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