Debt recast: FIDC suggests dropping additional provisioning requirement for NBFCs - THEMARKETTRENDZ

Post Top Ad

Monday, 7 September 2020

Debt recast: FIDC suggests dropping additional provisioning requirement for NBFCs

In August, the Reserve Bank of India (RBI) allowed one-time restructuring of corporate and personal loans due to the COVID-19 pandemic. Under the scheme, lending institutions have to make an additional provisioning of 10 per cent for accounts where restructuring plans are implemente

from Banking/Finance-Industry-Economic Times
Read The Rest:economictimes...

No comments:

Post a comment

Post Bottom Ad