12 August 2024


News

RBI Revises SDR Norms - 26.02.2016

Reserve Bank of India (RBI) has asked banks going in for Strategic Debt Restructuring (SDR) scheme to make sufficient provisions to the tune of 15 per cent of the loans value, to tide over possible loss in the value of the equity they acquire in lieu of debt and residual loans.

Tags : Reserve Bank of India Strategic Debt Restructuring

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