RBI to allow banks to restructure some defaulting small business loans - Newsdundon

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Wednesday, January 2, 2019

RBI to allow banks to restructure some defaulting small business loans

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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