NIFTY 50

Few takers for debt recast as window closes today

Updated : December 31, 2020 01:08:52 IST

Banks saw a lackluster response to the one-time debt recast scheme permitted by the Reserve Bank of India, with the window to invoke restructuring closing today.
Even in the worst-case scenario, banks don’t expect the total amount to exceed Rs 1.50 lakh crore.
Published : December 31, 2020 01:08 PM IST

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