Wednesday, September 9, 2020

Five to eight percent of overall loans will get restructured under new framework, says Icra

The RBI has operationalised guidelines based on K V Kamath-led panel's recommendations, which give relief to 26 listed sectors affected by the pandemic and stress on banks factoring-in leverage, liquidity and debt serviceability before admitting a case.

from Economy-News-Economic Times https://ift.tt/32ap5Qc

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