One-time restructuring of loans biggest takeaway of RBI monetary policy
4 years, 7 months ago

One-time restructuring of loans biggest takeaway of RBI monetary policy

New Indian Express  

"It has been decided to provide a window under the June 7th Prudential Framework to enable lenders to implement a resolution plan in respect of eligible corporate exposures - without change in ownership - as well as personal loans, while classifying such exposures as standard assets, subject to specified conditions," Governor Das said in his statement. The RBI governor added that in addition to the provision for the restructuring of large corporate loans, stressed MSME borrowers and individuals will also be allowed to restructure their debt provided they were classified as standard on March 31, 2020. An expert committee headed by KV Kamath will be set up make recommendations to the RBI on the required financial parameters, along with the sector-specific benchmarks to be factored into each resolution plans. To help out individuals and small firms keen on taking gold loans, the RBI also decided that the loan can go up to 90 per cent of the value of the pledged gold instead of the current 75 per cent.

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History of this topic

RBI Allows Borrowers to Change Interest Rate
1 year, 7 months ago

RBI Allows Borrowers to Change Interest Rate

Deccan Chronicle  

Mumbai: The Reserve Bank of India on Friday asked lenders to provide options to floating rate loan borrowers to either increase Equated Monthly Instalment or tenure or prepay the full amount or a part of it at any point during the tenure or move to fixed-rate interest rate at the time of resetting the loan. The central bank said that …

RBI to issue norms on loan resets to boost transparency
1 year, 7 months ago

RBI to issue norms on loan resets to boost transparency

Live Mint  

The Reserve Bank of India on Thursday said it would set rules to enhance transparency in interest rate and tenor resets for floating loans, an outcome of home-loan repayment periods being extended to as long as 50 years in certain cases. Through supervisory reviews and feedback from the public, RBI on Thursday said it has come across several instances of …

RBI permits banks to undertake compromise settlement of wilful defaults, fraud accounts
1 year, 9 months ago

RBI permits banks to undertake compromise settlement of wilful defaults, fraud accounts

The Hindu  

In order to ensure maximum recovery from distressed assets, the Reserve Bank of India has allowed banks to go for compromise settlement of fraud accounts and wilful defaults. REs may undertake compromise settlements or technical write-offs in respect of accounts categorised as wilful defaulters or fraud without prejudice to the criminal proceeding underway against such debtors. “In respect of compromise …

Don't intimidate borrowers, no calling before 8 am & after 7 pm, RBI directs loan recovery agents
2 years, 7 months ago

Don't intimidate borrowers, no calling before 8 am & after 7 pm, RBI directs loan recovery agents

India TV News  

RBI to borrowing agents: The Reserve Bank of India issued a fresh instruction, which directs loan recovery agents not to intimidate borrowers. While issuing additional instructions to regulated entities including banks, NBFCs and ARCs, Reserve Bank said it has observed that recovery agents are deviating from its instructions with regard to the recovery of loans. RBI has issued guidelines from …

The Insolvency And Bankruptcy Code – Respite To MSME
3 years, 6 months ago

The Insolvency And Bankruptcy Code – Respite To MSME

Live Law  

The Insolvency and Bankruptcy Code 2016 has now been maturing over the period of time with various precedents and clarifications being issued from time to time by the adjudicating authority. A new Chapter III-A in the Insolvency and Bankruptcy Code, 2016 was also introduced earlier, through an Ordinance this year for a pre-packaged insolvency resolution process which can only be …

RBI Loan Restructuring of up to Rs 50 Cr for MSMEs: Eligibility, Other Criteria
3 years, 9 months ago

RBI Loan Restructuring of up to Rs 50 Cr for MSMEs: Eligibility, Other Criteria

News 18  

In a bid to provide relief amid the second wave of COVID-19 pandemic, Reserve Bank of India announced doubling of loan restructuring limits for micro, small and medium enterprises and small borrowers to Rs 50 crore. “With a view to enabling a larger set of borrowers to avail of the benefits under Resolution Framework 2.0, it has been decided to …

RBI's Rs 16,000-Cr Gift to MSMEs; Loans of Up to Rs 50 Cr Can Be Restructured
3 years, 9 months ago

RBI's Rs 16,000-Cr Gift to MSMEs; Loans of Up to Rs 50 Cr Can Be Restructured

News 18  

In a bid to provide relief to micro, small and medium enterprises amid the second wave of coronavirus outbreak, the Reserve Bank of India on Friday extended a special liquidity facility of Rs 16,000 crore to Small Industries Development Bank of India. “To further support the funding requirements of micro, small and medium enterprises, particularly smaller MSMEs and other businesses …

Explained: Who can opt for loan repayment relief under RBI's 'Resolution Framework 2.0'
3 years, 10 months ago

Explained: Who can opt for loan repayment relief under RBI's 'Resolution Framework 2.0'

India Today  

The Reserve Bank of India on Wednesday announced several relief measures to help citizens, small businesses, healthcare providers and vaccine makers to tackle the second wave of the pandemic. RESOLUTION FRAMEWORK 2.0 FOR INDIVIDUALS The central bank said it has provided a window to enable lenders to implement a resolution plan for loan repayment by individuals under the Resolution Framework …

Debt recasts under RBI scheme at ₹1 trillion
4 years, 1 month ago

Debt recasts under RBI scheme at ₹1 trillion

Live Mint  

Indian banks agreed to recast loans worth ₹1 trillion under a central bank scheme, significantly lower than what was originally anticipated, signalling an improvement in borrowers’ repayment capability amid a rebound in economic activity. Although many such loan accounts may turn sour, things are likely to be better than the last round of forbearance after the global financial crisis, given …

Budget 2021: MSMEs as the driver for Atmanirbhar Bharat
4 years, 1 month ago

Budget 2021: MSMEs as the driver for Atmanirbhar Bharat

News 18  

The Budget speech of the finance minister makes a declaration in para 82 that the government will “ensure faster resolution of cases”. Towards this end, the FM has announced that “NCLT framework will be strengthened, e-Courts system shall be implemented and alternate methods of debt resolution and special framework for MSMEs shall be introduced”. Unravelling the NCLT and IBC-related proposal …

Loan Moratorium Case- No Requirement Of Specific Resolution Plan For Borrowers For Invocation Of Resolution Framework: RBI Tells Supreme Court
4 years, 3 months ago

Loan Moratorium Case- No Requirement Of Specific Resolution Plan For Borrowers For Invocation Of Resolution Framework: RBI Tells Supreme Court

Live Law  

Reserve Bank of India has informed the Top Court that borrowers opting for resolution of COVID-related stressed loans shall not be required to submit any specific plans. RBI has stated that borrowers may invoke resolution framework by submitting a request to the lending institutions.The Resolution Framework does not require any resolution plan in any form to be submitted to the. …

Loan moratorium | Centre informs Supreme Court it will repay additional interest by November 5
4 years, 5 months ago

Loan moratorium | Centre informs Supreme Court it will repay additional interest by November 5

The Hindu  

The Centre has informed the Supreme Court that the difference in the compound interest and simple interest charged for six months of moratorium period on eight categories of loans worth up to ₹2 crore will be paid back to borrowers by November 5, 2020. "The Central Government has directed that all lending institutions shall give effect to the scheme and …

Only loan accounts without default as of 1 March can apply for restructuring, clarifies RBI
4 years, 5 months ago

Only loan accounts without default as of 1 March can apply for restructuring, clarifies RBI

Firstpost  

The Indian central bank also clarified that all farm credit exposures, including from NBFCs, can be recast under the pandemic-related resolution framework issued in August, but loans to allied activities are excluded The Reserve Bank of India has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for restructuring under the …

Only Standard Loan Accounts as of March Can Be Recast Under Pandemic Scheme, Says RBI
4 years, 5 months ago

Only Standard Loan Accounts as of March Can Be Recast Under Pandemic Scheme, Says RBI

News 18  

The Reserve Bank of India has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for restructuring under the pandemic-related resolution framework issued in August. In clarifications issued late last night to borrowers as well as lenders about the August 6 circular, RBI said a loan account that was due for …

Only standard loan accounts as of March 1 can be recast under pandemic scheme: RBI
4 years, 5 months ago

Only standard loan accounts as of March 1 can be recast under pandemic scheme: RBI

India TV News  

The Reserve Bank of India has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for restructuring under the pandemic-related resolution framework issued in August. In clarifications issued late last night to borrowers as well as lenders about the August 6 circular, RBI said a loan account that was due for …

RBI Accepts Recommendation For Separate Treatment of Aviation, Automotive, Roads Sectors
4 years, 5 months ago

RBI Accepts Recommendation For Separate Treatment of Aviation, Automotive, Roads Sectors

News 18  

Citing Kamath Committee recommendations, the Reserve Bank of India has informed the Supreme Court that it has accepted the recommendation for different treatment for sectors namely aviation, automobile manufacturing, roads and wholesale trading. Citing the September 7 special window notification, the RBI insisted that banks have sufficient flexibility to accommodate the impact of Covid-19 while specifying specific ratios for determining …

RBI seeks vacation of SC stay on classification of NPA accounts
4 years, 5 months ago

RBI seeks vacation of SC stay on classification of NPA accounts

Live Mint  

The Reserve Bank of India has informed the Supreme Court that its order staying the classification of non-performing asset accounts will have huge implications for the banking system if it is not lifted immediately. In response to a plea seeking extension of moratorium beyond 31 August, the government said the moratorium was part of an immediate regulatory response and that …

SBI loan restructuring: How interest will be calculated during moratorium extension period
4 years, 6 months ago

SBI loan restructuring: How interest will be calculated during moratorium extension period

India Today  

A few days ago, the country’s largest lender State Bank of India came out with a set of rules and regulations for offering an extension on loan repayments to those affected financially by the Covid-19 pandemic. However, there are several key aspects that Covid-affected customers need to know before availing moratorium extension on repayments under SBI’s loan repayment framework. Loan …

Debt resolution framework: A balance of relief and rigour
4 years, 6 months ago

Debt resolution framework: A balance of relief and rigour

Live Mint  

The Reserve Bank of India struck a balance between relief and rigour in its resolution framework for covid-related stress issued on 6 August 2020, giving businesses affected by the exogenous shock of covid a necessary reprieve by permitting restructuring without requiring change of control, while also creating strict boundary conditions for such restructuring. The central bank has prescribed five parameters …

RBI loan restructuring plan | A difficult choice for borrowers
4 years, 6 months ago

RBI loan restructuring plan | A difficult choice for borrowers

The Hindu  

The moratorium offered by banks and other institutional lenders ended last month. In this scenario, the Reserve Bank of India has announced a loan restructuring plan to offer relief to impacted borrowers, who may struggle to repay their debt over the short term, at least. Also, unlike the moratorium on term loans that was open for all, only those borrowers …

Loan moratorium: RBI likely to announce one-time loan restructuring guidelines soon
4 years, 6 months ago

Loan moratorium: RBI likely to announce one-time loan restructuring guidelines soon

Live Mint  

The Reserve Bank of India is likely to announce the financial parameters of its proposed loan restructuring scheme soon. In his interview to CNBC Awaaz, RBI Governor Shaktikanta Das said that banks can extend the loan moratorium by 3, 6 or even 12 months under the one-time restructuring. To mitigate the hardships faced by the borrowers during coronavirus pandemic, the …

Govt asks banks to roll out loan restructuring scheme by Sep 15, provide support to borrowers
4 years, 6 months ago

Govt asks banks to roll out loan restructuring scheme by Sep 15, provide support to borrowers

India TV News  

Finance Minister Nirmala Sitharaman on Thursday asked banks and NBFCs to roll out loan restructuring scheme for COVID-19 related stress by September 15, and provide adequate support to the borrowers following the lifting of moratorium on repayment of debts. During the meeting, the minister impressed upon the lenders that as and when the moratorium on loan repayments is lifted, borrowers …

Finance Minister Asks Banks to Roll Out Loan Restructuring Scheme by September 15
4 years, 6 months ago

Finance Minister Asks Banks to Roll Out Loan Restructuring Scheme by September 15

News 18  

Finance Minister Nirmala Sitharaman on Thursday asked banks and NBFCs to roll out loan restructuring scheme for COVID-19 related stress by September 15, and provide adequate support to the borrowers following the lifting of moratorium on repayment of debts. During the meeting, the minister impressed upon the lenders that as and when the moratorium on loan repayments is lifted, borrowers …

FM Nirmala Sitharaman to Meet Heads of Banks, NBFCs on Loan Recast Today
4 years, 6 months ago

FM Nirmala Sitharaman to Meet Heads of Banks, NBFCs on Loan Recast Today

News 18  

Finance Minister Nirmala Sitharaman will hold a review meeting with heads of banks and NBFCs on Thursday for smooth and speedy implementation of the one-time debt recast for resolution of COVID-19 related stress in bank loans. Besides assessing the preparedness of banks on the debt recast, sources said, the meeting will also review the progress of various schemes announced under …

FM Sitharaman to meet bankers on loan recast on Thursday
4 years, 7 months ago

FM Sitharaman to meet bankers on loan recast on Thursday

The Hindu  

Ahead of the roll out of one-time debt recast for resolution of COVID-19 related stress in bank loans, Finance Minister Nirmala Sitharaman will hold a review meeting with bankers and heads of non-banking financial companies on September 3 for smooth and speedy implementation of the scheme. “The review will focus on enabling businesses and households to avail of the revival …

RBI May Not Extend Moratorium on Repayment of Loans Beyond August 31
4 years, 7 months ago

RBI May Not Extend Moratorium on Repayment of Loans Beyond August 31

News 18  

The Reserve Bank is unlikely to extend the moratorium on repayment of bank loans beyond August 31 as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the COVID-19, sources said. It was only a temporary reprieve to borrowers affected by the pandemic, the sources said, adding that …

RBI chief says loan restructuring plan will help revive Indian economy
4 years, 7 months ago

RBI chief says loan restructuring plan will help revive Indian economy

Live Mint  

New measures to allow Indian lenders to restructure loans will provide a “durable” resolution for cash-strapped businesses and help revive the economy, according to the central bank’s chief. “On one hand health of banks is very important and on the other hand businesses are under a lot of stress due to covid,” Reserve Bank of India Governor Shaktikanta Das said …

RBI allows banks to restructure retail loans
4 years, 7 months ago

RBI allows banks to restructure retail loans

Live Mint  

Though the Reserve Bank of India did not extend the moratorium in its monetary policy review on Thursday, it allowed banks to restructure the loans of borrowers who are in financial difficulty and are unable to repay them. In his speech, RBI governor Shaktikanta Das, said, “The disruptions caused by COVID-19 have led to heightened financial stress for borrowers across …

RBI introduces debt recast window with riders
4 years, 7 months ago

RBI introduces debt recast window with riders

Live Mint  

MUMBAI: The Reserve Bank of India on Thursday provided lenders a window to recast stressed assets without classifying them as non-performing on the condition that they set aside 10% additional provisions on such loans. The central bank also allowed a similar debt recast facility for personal loans and small businesses. For corporate loans, borrower accounts classified as standard but not …

RBI keeps key policy rates unchanged
4 years, 7 months ago

RBI keeps key policy rates unchanged

The Hindu  

The Reserve Bank of India kept its powder dry in the third review of the monetary policy since the COVID-19 pandemic spread in the country, leaving key policy rates unchanged in the face of rising inflation pressures but asserted that propping up economic recovery has assumed “primacy” in the “worst peace-time health and economic crisis of the last 100 years”. …

Finance Ministry Working with RBI on Need for Loan Restructuring, Says FM Nirmala Sitharaman
4 years, 7 months ago

Finance Ministry Working with RBI on Need for Loan Restructuring, Says FM Nirmala Sitharaman

News 18  

Finance Minister Nirmala Sitharaman on Friday said the government is working with the RBI on need for restructuring of loans to help industry tide over the impact of COVID-19. In principle, the idea that there may be a restructuring required, is well taken," Sitharaman said while addressing Ficci's National Executive Committee Meeting. Sitharaman said the Finance Ministry is working with …

Loan moratorium extension will take care of cash-flow disruptions: SBI chief
4 years, 10 months ago

Loan moratorium extension will take care of cash-flow disruptions: SBI chief

Live Mint  

The Reserve Bank of India’s extension on Friday of the ongoing loan moratorium by another three months will take care of cash-flow disruptions for borrowers despite the absence of a one-time debt recast relief, said Rajnish Kumar, chairman, State Bank of India. “Our tendency has become that whatever has been given, just take it and ignore it and then start …

About 20% SBI borrowers avail loan repayment moratorium; banks can go for debt recast: Chairman Rajnish Kumar
4 years, 10 months ago

About 20% SBI borrowers avail loan repayment moratorium; banks can go for debt recast: Chairman Rajnish Kumar

Firstpost  

The SBI chairman advised borrowers to pay their loans if they are not facing any funding challenge. Mumbai: State Bank of India chairman Rajnish Kumar on Friday said close to 20 percent of the bank’s borrowers have availed moratorium on repayment of term loans instalments. On 27 March, the central bank had announced a three-month moratorium on payment of all …

RBI monetary policy: Central bank extends moratorium on loans for another 3 months till August
4 years, 10 months ago

RBI monetary policy: Central bank extends moratorium on loans for another 3 months till August

Firstpost  

Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis Mumbai: Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed …

RBI extends loan repayment moratorium by 3 months
4 years, 10 months ago

RBI extends loan repayment moratorium by 3 months

The Hindu  

The Reserve Bank of India has extended the repayment moratorium of loan repayment for term loans by another three months, till August 31. “In view of the extension of the lockdown and continuing disruptions on account of COVID-19, it has been decided to permit lending institutions to extend the moratorium on term loan instalments by another three months, i.e., from …

[Breaking] RBI Governor Announces Extension Of Loan Moratorium By 3 Months From June 1
4 years, 10 months ago

[Breaking] RBI Governor Announces Extension Of Loan Moratorium By 3 Months From June 1

Live Law  

The Reserve Bank of India Governor, Shaktikanta Das, on Friday announced the extension of the moratorium on term loans by another 3 months from June 1. "In view of the extension of the lockdown and continuing disruptions on account of COVID-19, it has been decided to permit lending institutions to extend the moratorium on term loan instalments by another three …

Coronavirus Lockdown: RBI may extend moratorium on repayment of loans for three more months, says report
4 years, 10 months ago

Coronavirus Lockdown: RBI may extend moratorium on repayment of loans for three more months, says report

Firstpost  

With the government extending the nationwide lockdown up to 31 May, the Reserve Bank of India is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report Mumbai: With the government extending the nationwide lockdown up to 31 May, the Reserve Bank of India is likely to extend the moratorium on …

Coronavirus Outbreak: RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown – Firstpost
4 years, 10 months ago

Coronavirus Outbreak: RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown – Firstpost

Firstpost  

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months to help people and industry impacted by the ongoing lockdown to contain COVID-19 New Delhi: With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by …

RBI may extend moratorium on loans by another 3 months
4 years, 10 months ago

RBI may extend moratorium on loans by another 3 months

India TV News  

RBI may extend moratorium on loans by another 3 months Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources. So, the extension of moratorium by another three months would be a practical approach from the regulator, a senior public sector bank official …

RBI’s moratorium to hurt corporate borrowers
4 years, 11 months ago

RBI’s moratorium to hurt corporate borrowers

Live Mint  

Reserve Bank of India's move to allow banks to give a 3-month repayment moratorium to borrowers may stand to hurt corporate customers who have taken working capital loans. Speaking to media on Wednesday, CS Shetty, managing director of State Bank of India said that corporate customers who had availed of these loan will have to pay the 4-month interest by …

Opinion | What the RBI’s statement did not say
5 years ago

Opinion | What the RBI’s statement did not say

Live Mint  

As the world remains engulfed in an unprecedented crisis, Reserve Bank of India today strode to the front, to stand shoulder-to-shoulder with its global peers, decisively moving towards emergency settings which policy makers all over the world have switched to in the last six weeks. Clearly RBI is in its “battle-ready mode”, as the Governor termed the current situation, and …

RBI Permits Lending Institutions To Allow 3-Month Moratorium On Term Loans [Read Full Statement]
5 years ago

RBI Permits Lending Institutions To Allow 3-Month Moratorium On Term Loans [Read Full Statement]

Live Law  

As a part of decisions taken to mitigate the impact of COVID-19 on economy, the Reserve Bank of India Governor on Friday announced that all commercial banks and non-banking financial companies are permitted to allow 3-month moratorium on the payment of installments of term loans outstanding as on March 1, 2020.In respect of working capital facilities sanctioned in the form …

RBI announces incentive for lending to MSME, home, auto sectors
5 years, 1 month ago

RBI announces incentive for lending to MSME, home, auto sectors

India TV News  

In a bid to increase lending to MSME as well as to auto and home segment, Reserve Bank on Thursday tweaked maintenance of cash reserve ratio norms by providing relaxation in calculation of total deposits. "As a part of this, it has now been decided that scheduled commercial banks will be allowed to deduct the equivalent of incremental credit disbursed …

Budget 2020, MSME: Debt Restructuring Window extended. Read details
5 years, 1 month ago

Budget 2020, MSME: Debt Restructuring Window extended. Read details

Op India  

Union Budget 2020 was announced by Finance Minister Nirmala Sitharaman on Saturday. Nirmala Sitharaman said in her Budget 2020 speech that over 5 lakh MSMEs have benefited from the debt restructuring mechanism put forth by her government. The Government has also asked the RBI to extend the debt restructuring window for MSMEs by a year. The Finance Minister also announced …

Resolving stressed assets on time in your interest: RBI deputy governor NS Vishwanathan to banks
5 years, 7 months ago

Resolving stressed assets on time in your interest: RBI deputy governor NS Vishwanathan to banks

Firstpost  

Reserve Bank deputy governor NS Vishwanathan Tuesday exhorted bankers to ensure timely resolution of stressed assets under the new framework to extract the best value and underlined the need for dealing only in “genuine” cases Mumbai: Reserve Bank deputy governor NS Vishwanathan Tuesday exhorted bankers to ensure timely resolution of stressed assets under the new framework to extract the best …

RBI's new framework to expedite resolution of stressed assets: Sashakt committee on bad loans
5 years, 9 months ago

RBI's new framework to expedite resolution of stressed assets: Sashakt committee on bad loans

Firstpost  

The Reserve Bank on Friday had replaced a tough norm on NPA categorisation by lenders, as it was quashed by the Supreme Court in April New Delhi: The mandatory norm of inter-creditor agreement allows banks to decide resolution strategy outside the IBC and it will help lenders to accelerate process to resolve stressed assets, Sashakt committee on bad loans said …

'RBI's new framework to expedite resolution of stressed assets'
5 years, 9 months ago

'RBI's new framework to expedite resolution of stressed assets'

India TV News  

The mandatory norm of inter-creditor agreement allows banks to decide resolution strategy outside the IBC and it will help lenders to accelerate process to resolve stressed assets, Sashakt committee on bad loans said Monday. "The requirement of entering into the Inter-Creditor Agreement is an endorsement by the RBI of the need for the lenders to have a framework for resolution …

RBI’s new prudential framework for stressed asset resolution credit positive: Moody’s
5 years, 9 months ago

RBI’s new prudential framework for stressed asset resolution credit positive: Moody’s

India TV News  

Moody’s Investors Service Monday said the Reserve Bank's new prudential framework for stressed asset resolution is ‘credit positive’, but flagged the slower-than-expected progress of resolution under Insolvency and Bankruptcy Code as a key hurdle. “The RBI’s revised framework for the resolution of stressed assets is credit positive, because it brings back the focus on the need for the timely resolution …

RBI issues new NPA recognition norms: The guidelines put onus on creditors to take call on resolution plan, but will it work?
5 years, 9 months ago

RBI issues new NPA recognition norms: The guidelines put onus on creditors to take call on resolution plan, but will it work?

Firstpost  

RBI guidelines will definitely bring in more transparency in terms of letting all the lenders know that there is a problem and that they would also have to work towards a solution through the RP After the Supreme Court had struck down the earlier notification of the RBI relating to dealing with stressed assets, the fresh set of rules were …

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