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Allow banks one-time loan restructuring; rate cut by RBI of little help: Pronob Sen

Updated : July 20, 2020 05:37 PM IST

Sen said banks were under pressure because the appetite for loans was very low at the moment.
He said banks should be allowed a one-time restructuring of loans, because many businesses were likely to be in pain for longer than expected
Allow banks one-time loan restructuring; rate cut by RBI of little help: Pronob Sen

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