Reserve Bank of India gives corporate borrowers 6 more months to meet debt recast guidelines

Vivek Iyer, partner and national leader-financial services risk advisory, Grant Thornton Bharat, said, “We need to be patient and study how the coming few months pan out. Since economic data comes out with a lag, the extra time would allow banks to make a sharper assessment.”

from Banking & Finance – The Financial Express https://ift.tt/3xAyAVq