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Loan recast norms News

Loan recast norms

13 Oct 2020

Pandemic-induced loan recast to take GNPAs to 11.5% by March: Care Ratings

India's GNPAs rose steadily from Rs 7.1 lakh crore in Q4 of FY17 to Rs 8.8 lakh crore in Q3 of FY18, and spiked to Rs 10.2 lakh crore in Q4 of FY18 The highest incremental NPA addition of Rs 1.4 lakh crore was in Q4 FY18, after which the numbers began to moderate and came down to Rs 8.4 lakh crore in Q1 of FY21 GNPAs of private sector lenders remained steady at Rs 2 lakh crore between September 2017 and September 2019

30 Jul 2015

RBI further eases project loan recast norms for NBFCs

The Reserve Bank on Thursday allowed non-bank lenders to retain the 'standard asset' tag on a restructured loan for an extended period if an infrastructure project is mired in court cases or has been stuck due to reasons beyond the control of promoters.

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