RBI proposes new debt restructuring rules to strengthen lenders’ ability to deal with stressed assets
In order to further strengthen the lenders’ ability to deal with stressed assets and to put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties, the Reserve Bank of India on Monday issued guidelines on a ‘Scheme for Sustainable Structuring of Stressed Assets’.
Jun 13, 2016, 20:32 PM IST