Saturday, January 19, 2019

Banks plan Rs 8.2k cr Jet debt restructuring

State Bank of India (SBI) on Thursday said that lenders are considering a restructuring plan — an acknowledgement that the loan is not viable in the present form. RBI norms require lenders to make at least 15% provisions on their exposure once a loan is restructured.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2T0CeEl
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