Govt asks banks to obtain board approval for corporate loans restructuring by September 15 - Business News: Latest Share Market , Economy & Finance News | Trendmergers

Breaking

Post Top Ad

Post Top Ad

Govt asks banks to obtain board approval for corporate loans restructuring by September 15

FM Sitharaman tells banks that Covid-related distress must not impact the lenders’ assessment of their credit-worthiness. Banks have also been asked to be proactive and reach out to stressed borrowers who are eligible for restructuring.

from Industry-Economic Times
Read The Rest:economictimes...

Post Top Ad