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Retail Loans Dominated Covid Restructuring For Top Private Banks
RBI’s restructuring 1.0 benefitted retail borrowers more, disclosures from private banks show. Who restructured most?
07 May 2021, 08:10 AM IST
India’s top private lenders restructured more retail loans than they did corporate advances in FY21, show disclosures made alongside earnings for the quarter ended March. While overall restructuring has been low, the share of retail borrowers seeking easier terms dominates.The top seven private banks that have reported earnings so far have restructured loans worth Rs 11,275 crore, with retail loans making up 67% or Rs 7,519 crore of ...
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