Banks cling to restructuring hopes in tough year for recoveries

Unfazed by the absence of any mention of restructuring in the five rounds of briefings held by the finance ministry, industry executives expect the Reserve Bank of India (RBI) to accede to their request for allowing a one-time restructuring of stressed assets without classifying them as bad loans.

from Banking & Finance – The Financial Express https://ift.tt/2TfFyhf