Kamath report: RBI paves way for loan recasts, relief for 26 sectors hit by Covid

Severe stress cases would require comprehensive restructuring. Exceptions to thresholds were made for five sectors -- auto manufacturing, aviation, real estate, roads and trading -- wholesale. Any default by the borrower with any of the signatories to the ICA during the monitoring period shall trigger a review period of 30 days.

from Banking & Finance – The Financial Express https://ift.tt/35fgei8