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RBI considering one-time loan recast for borrowers impacted by COVID-19

Updated : June 27, 2020 09:29 AM IST

The banking regulator may provide certain relaxations to banks implementing the restructuring for COVID-19 specific defaults under its June 7 circular.
RBI is expected to make the scheme official before the six-month moratorium ends on August 31, CNBC-TV18 has learnt.

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