Monday, June 22, 2020

RBI asks lenders to submit analysis on COVID-19 impact

This would also involve building and reporting worst-case scenarios on asset quality and capital requirements, one person said. Lenders said there could be a one-time restructuring after the regulator studies the extent of potential damage.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-asks-lenders-to-submit-analysis-on-covid-19-impact/articleshow/76515547.cms

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