Economists at State Bank of India pitch for loan recasts in select sectors - THEMARKETTRENDZ

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Monday, 3 August 2020

Economists at State Bank of India pitch for loan recasts in select sectors

They said the moratorium data is not "significantly perturbing" but hit out against the "spate of unplanned and unintelligent lockdown mania" in many pockets. "It is imperative that restructuring of loan accounts in select sectors is used as a policy option after August 31, to mitigate stress," the SBI economists said in a report.

from Banking/Finance-Industry-Economic Times
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