The Reserve Bank today revised rules pertaining to revival of advances to small businesses and asked lenders to form district-level committees to resolve stressed loans to micro, small and medium enterprises (MSMEs).
In an interview with CNBC-TV18‘s Latha Venkatesh, Andhra Bank CMD CVR Rajendran discussed the bank‘s fourth quarter earnings.
The data on restructuring used to be available from CDR cell. However, post the formation of Joint Lender Forums (JLF) of bankers the data on restructured accounts is no more available
Yes Bank's chief financial officer Rajat Monga says his bank did not restructure any loans in the December quarter. Yes Bank's restructured loans are about 21 bps of its loan book, about Rs 109 crore in aggregate.