Dear All,
It is learned that the Recommendations of the Working Group to review the existing prudential guidelines on restructuring of advances by banks/financial institutions, inter-alia, include "tightening certain norms relating to Corporate Debt Restructuring mechanism".
For more information, you may read its report attached, herewith.
Courtesy: FinMin and RBI
Regards
Srinivasan Rm
Karaikudi
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