loan restructuring Archives

RBI Launches Loan Resolution Framework 2.0 for Troubled Borrowers

May 9, 2021

With the second Covid wave impacting lives and livelihoods, the Reserve Bank of India has made an attempt to provide relief to troubled borrowers. While the RBI has not opted for an outright EMI moratorium this time, it has allowed banks to restructure loans under Loan Resolution Framework 2.0. Loan resolution (or loan restructuring) schemes… Continue Reading

SBI Loan Restructuring Scheme: How Does It Work? What Is the Impact?

Deepesh Raghaw

October 3, 2020

Many banks have come up with loan resolution / restructuring plans for Covid-19 related stress. The relief offered by the banks works within the Loan Resolution Framework due to Covid-19 related stress. We have written about the RBI framework in an earlier post. The eligibility criteria as specified by RBI must be met. The banks… Continue Reading

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