Despite recast, significant stress seen among MSMEs - RBI

“Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high,” the regulator noted. “While PSBs have actively resorted to restructuring under all the schemes, participation by PVBs was significant only in the COVID-19 restructuring scheme offered in August 2020.”

from Banking/Finance-Industry-Economic Times https://ift.tt/3yeOp4M