RBI norms may exclude large number of companies from loan recast scheme

Bankers said corporates that have been lax in repayments before March 2020 will not qualify for restructuring even if they are not non-performing assets (NPAs). Bankers expect only 2-3% of overall bank loans to be eligible for restructuring.

from Banking/Finance-Industry-Economic Times https://ift.tt/2QZQA8P