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Explained | How RBI's loan restructuring scheme for COVID-impacted borrowers will work

Updated : August 12, 2020 04:18 PM IST

Only those borrowers who were making regular repayments for their loan, and were not overdue for more than 30 days as of March 31, 2020 are eligible to benefit from this scheme
Lenders have a maximum of 180 days time to implement resolution or restructuring plans for corporate borrowers
Explained | How RBI's loan restructuring scheme for COVID-impacted borrowers will work

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