Sunday, November 22, 2020

Bank of Maharashtra expects only Rs 1,000-1,500 crore loan book to be restructured

The lender had earlier estimated around Rs 3,000-4,000 crore from its moratorium book to come under one-time restructuring. However, over a period of time the moratorium book itself came down drastically from 27 per cent in March to 15-16 per cent (Rs 14,000-15,000 crore) as of end August.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-of-maharashtra-expects-only-rs-1000-1500-crore-loan-book-to-be-restructured/articleshow/79350449.cms

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