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RBI Tightens Provisions for Yet to Fail CDR Accounts - 12.01.2016
Reserve Bank of India (RBI) has asked lenders to increase provisioning for accounts that may not have yet failed Corporate Debt Restructuring (CDR) but do not meet conditions stipulated in the master restructuring agreement. These provisions will need to be maintained from April.
Tags : Reserve Bank of India Corporate Debt Restructuring
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