A man hands over India rupee banknotes at a cash counter in Bengaluru, India (Photographer: Dhiraj Singh/Bloomberg)
A short window provided by the Reserve Bank of India to restructure debt of companies hit by the Covid-19 crisis could be plagued by a familiar problem — getting bankers together to sign-off on a common restructuring plan.The banking regulator has given lenders time till Dec. 31, 2020, to invoke a resolution plan under the scheme and asked them to implement it within 90 days. The RBI has, however, insisted that any such plan be appro...