September 21, 2020
One Time Restructuring – A god sent scheme
#OTR #restructuring #loanrestructuring K V Kamath committee’s recommendations on OTR to RBI, evaluates current banks/ FI lending situation and reflects that Approx. 72% of total lending (more than 50 lacs Crores) is stressed and approx. 50% of total portfolio is in Red zone. This is alarming to everyone including bankers. Come September2020, on the one hand we all are caught in corona’s community spread situation. More than 1 lakh Covid infection cases per day are
