business

Banks may have to keep higher provisions if CDR delays

Some banks are worried about delay in corporate debt restructuring (CDR) implementation of the micro finance companies. Banks fear that if the CDR package is not implemented by September this year, then there are chances that these loans could become non-performing assets (NPAs), reports CNBC-TV18's Gopika Gopakumar quoting sources.

first published: Sep 7, 2011 01:19 pm