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Debt recast: FIDC suggests dropping additional provisioning requirement for NBFCs

by Economic Times
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In August, the Reserve Bank of India (RBI) allowed one-time restructuring of corporate and personal loans due to the COVID-19 pandemic. Under the scheme, lending institutions have to make an additional provisioning of 10 per cent for accounts where restructuring plans are implemente

This Debt recast: FIDC suggests dropping additional provisioning requirement for NBFCs was originally published on https://economictimes.indiatimes.com/industry/banking/finance/debt-recast-fidc-suggests-dropping-additional-provisioning-requirement-for-nbfcs/articleshow/77976821.cms

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