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Gradation system in Debt recasts likely to be introduced soon
- March 31, 2017
- Posted by: BiconAdmin
- Categories: Asset Reconstruction, Debt Recovery, Debt restructuring
No CommentsThe government and the Reserve Bank of India (RBI) could introduce a gradation system in loan restructuring to deal with bad debts. Bank would use all existing schemes like corporate debt restructuring (CDR), strategic debt restructuring (SDR) and the scheme for sustainable structuring of stressed assets (S4A) which are introduced so far by the central