Subject: Economy Context: A five-member expert committee headed by K V Kamath came out with recommendations on the financial parameters required for a one-time loan restructuring window for corporate borrowers under stress due to the pandemic. Concept: Restructuring is a practice that allows banks to modify the terms of the loan when the borrower is facing […]

Subject: Economy Context: In its monetary policy review, the Reserve Bank of India gave the green signal to a loan restructuring scheme for stressed borrowers Concept: Restructuring is a practice that allows banks to modify the terms of the loan when the borrower is facing financial stress. Banks do that to avoid the borrower being declared a […]

Subject: Economy Context: With banks pushing for a one-time restructuring of loans, the Reserve Bank of India (RBI) may provide this opportunity for select stressed sectors. Concept: Restructuring is a practice that allows banks to modify the terms of the loan when the borrower is facing financial stress. Banks do that to avoid the borrower […]