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Restructuring 2.0: RBI Starts Groundwork To Support Retail And MSME Borrowers
RBI is in talks with lenders to extend one-time restructuring scheme for retail and MSME borrowers.
30 Apr 2021, 01:18 PM IST
The Reserve Bank of India has started discussions with the Indian Banks’ Association for a possible extension of the one-time restructuring scheme announced last year to support borrowers through the Covid crisis. While the schemes have closed, bankers had requested for them to be reopened amid a soaring second wave of infections.According to three bankers in the know, the regulator is considering relief for retail and small business...
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