Tag: Loan restructuring

SBI launches portal for restructuring of retail loans

COVID-19 stressed retail borrower accounts shall be eligible for resolution which were standard, but not in default for more than 30 days.

September 22, 2020

Will look at loan restructuring after end of moratorium: SBI MD

He said digital banking tools have proved to be a boon during the pandemic, pointing out that 38 per cent of personal loans disbursed by the bank were executed through its app, Yono.

August 26, 2020

RBI leaves repo rate, reverse repo rate unchanged; extends loan restructuring to corporates

The Monetary Policy Committee (MPC), headed by the Governor Shaktikanta Das, also decided to keep the reverse repo rate at 3.35 per cent.

August 6, 2020

COVID-19: NBFCs ask RBI for one-time restructuring of all loans till Mar 2021

The industry body said all their customers are facing disruptions in cash flow cycles, which is likely to be there for the major part of this fiscal.

May 5, 2020