RBI’s ICE framework: Banks need to take 40-60% haircut on stressed debt to get RP4 rating, says report

RBI in its revised framework had said all resolution plans involving restructuring or change in ownership for large accounts where the aggregate exposure of lenders is Rs 100 crore and above would require ICE of the residual debt by credit rating agencies (CRAs).

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2NEcvSG