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Banks Restructured Over Rs 1 Lakh Crore Loans Due To Covid-19
Total debt recast by listed Indian banks, under the RBI's first round of restructuring stood at over Rs 1 lakh crore.
11 Aug 2021, 09:30 AM IST
Total debt recast by listed Indian banks, under the first round of Reserve Bank of India's one-time debt restructuring scheme, now stands at over Rs 1 lakh crore. A large chunk of the restructured debt came from corporate loan books of banks.Under the RBI's first Covid resolution framework, restructured corporate loan accounts at Rs 68,897 crore were twice in value compared to the Rs 28,027 crore in retail loans that got recast.Overa...
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