Sunday, May 30, 2021

Banks begin process of restructuring of loans up to Rs 25 crore

This is a one-time loan restructuring scheme under which the loan would remain standard despite recast and banks would not have to make additional provision in such cases.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-begin-process-of-restructuring-of-loans-up-to-rs-25-crore/articleshow/83085085.cms

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