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COVID-19 stress: RBI allows one-time corporate loan restructuring

Updated : August 06, 2020 04:12 PM IST

The Reserve Bank of India in today's MPC meeting has decided to permit one-time restructuring of corporate loans.
RBI Governor Shaktikanta Das said a window under the June 7 stressed asset resolution framework will be provided which will enable lenders to implement a resolution plan, without a change in ownership.

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