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RaghuramRajan

RBI Plans on Granting Greater Flexibility to Banks for Restructuring of Bad Loans

Monday, December 8th, 2014 No Comments »

RBI Plans on Granting Greater Flexibility to Banks for Restructuring of Bad Loans
According to a statement released by RBI Governor, RaghuramRajan, the Reserve Bank of India plans on offering greater flexibility to banks for restructuring of distressed loans. This shall be done with the objective of steering funding towards cash-strapped infrastructure projects. In view of the poor state of affairs in the development of infrastructure projects due [...] Continue Reading »



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