RBI's Loan Recast Scheme For MSMEs, Individuals To Arrest NPA Formation: CARE Ratings

RBI's Loan Recast Scheme For MSMEs, Individuals To Arrest NPA Formation: CARE Ratings

The Reserve Bank of India (RBI) logo is displayed outside the central bank in Mumbai, India. (Photographer: Kanishka Sonthali/Bloomberg)

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CARE Ratings Research Report

We have been studying the various measures announced by Reserve Bank of India in regards the Covid-19 pandemic.

The earlier measures had played a part in mitigating a burden caused by the pandemic, however considering the second wave of infections and the consequent economic disruptions, the RBI Governor Shaktikanta Das announced various measures to improve credit flow such as term liquidity facility of Rs 50,000 crore for emergency health services and liquidity measures for small finance banks.

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CARE Ratings RBI Announces Resolution Framework 2.0 for MSMEs and Individuals.pdf
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