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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
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RBI introduces a ‘Scheme for Sustainable Structuring of Stressed Assets’
- July 19, 2016
- Posted by: BiconAdmin
- Categories: Miscellaneous, Scheme for Sustainable Structuring of Stressed Assets
In order to further strengthen the lenders’ ability to deal with stressed assets and to put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties, the Reserve Bank of India has today issued guidelines on a ‘Scheme for Sustainable Structuring of Stressed Assets’. Resolution of