RBI broadly accepted resolution framework for COVID-hit assets by Kamath panel. Experts estimated that loans worth Rs 4-4.5 trillion would need recast going by the panel rules.
[vc_row][vc_column][vc_column_text] RBI broadly accepted resolution frameworkfor COVID-hit assets by Kamath panel. Experts estimated that loans worth Rs4-4.5 trillion would need recast going by the panel rules. Anexpert panel headed by veteran banker KV Kamath, appointed by the Reserve Bankof India (RBI) has submitted its report to the central bank on the resolutionframework for Covid-hit assets. …