Banks set to restructure up to Rs 8.4 lakh crore of loans after RBI decision: Report

Over 60 per cent of this Rs 8.4 lakh crore was susceptible to slip into the non-performing assets (NPAs) category if not for the recast move, and the restructuring will help banks' bottomlines as the money to be set aside as provisions will be lower, India Ratings and Research said.

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