The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that are in default but standard as of the beginning of the year. The dispensation is “one time”, the RBI said in a circular on Tuesday.
from Reuters: Top News https://reut.rs/2GSk9qr
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Wednesday, January 2, 2019
RBI to allow banks to restructure some defaulting small business loans
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