One-time Loan Recast To Ease Liquidity Pressure, Says CRISIL Report
RBI permitted banks to go for one-time restructuring of loans that are facing stress due to the Covid-19 crisis
Topics
debt restructuring scheme | Crisil report | Reserve Bank of India RBI
One-time restructuring of corporate loans is likely to ease liquidity pressure
One-time restructuring of corporate loans, which are facing stress due to coronavirus-induced disruptions, announced by the RBI is likely to ease liquidity pressure for companies, according to a report.
.On Thursday, the RBI permitted banks to go for one-time restructuring of loans that are facing stress due to the Covid-19 crisis with a view to mitigating risks to financial stability.
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First Published: Sat, August 08 2020. 01:35 IST
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