{"id":14830,"date":"2020-09-08T18:27:59","date_gmt":"2020-09-08T12:57:59","guid":{"rendered":"http:\/\/udaen.info\/?p=14830"},"modified":"2020-09-08T18:27:59","modified_gmt":"2020-09-08T12:57:59","slug":"rbi-paves-way-for-loan-recasts-26-sectors-identified","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=14830","title":{"rendered":"RBI paves way for loan recasts; 26 sectors identified"},"content":{"rendered":"<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-xs-12\">\n<h1 class=\"news_heading detail_title\">RBI paves way for loan recasts; 26 sectors identified<\/h1>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"panel-display panel-1col clearfix\">\n<div class=\"panel-panel panel-col\">\n<div class=\"panel-pane pane-panels-mini pane-news-details\">\n<div id=\"mini-panel-news_details\" class=\"panel-display panel-2col clearfix\">\n<div class=\"panel-panel panel-col-first\">\n<div class=\"inside\">\n<div class=\"panel-pane pane-views pane-news\">\n<div class=\"view view-news view-id-news view-display-id-block view-dom-id-5a53d8ed86abfbbf2d76de82d6bc6479\">\n<div class=\"view-content\">\n<div class=\"item-list\">\n<ul>\n<li class=\"views-row views-row-1 views-row-odd views-row-first views-row-last\">\n<div>\n<div class=\"social_share detail_share\">\n<p class=\"date\">\n<div class=\"social_share_box\"><span class=\"share\">Share Now<img decoding=\"async\" class=\"contrast_light\" src=\"http:\/\/ddnews.gov.in\/sites\/all\/themes\/cmf\/theme\/images\/share.png\" alt=\"\" \/><\/span><\/p>\n<ul class=\"sharebtns\">\n<li class=\"s_icons\"><a class=\"facebook\" title=\"The in%2Fbusiness%2Frbi-paves-way-loan-recasts-26-sectors-identified file Open in new window\" role=\"link\" href=\"https:\/\/www.facebook.com\/sharer.php?u=http%3A%2F%2Fddnews.gov.in%2Fbusiness%2Frbi-paves-way-loan-recasts-26-sectors-identified\" target=\"_BLANK\">Share on Facebook<\/a><\/li>\n<li class=\"s_icons\"><a class=\"twitter\" title=\"The in%2Fbusiness%2Frbi-paves-way-loan-recasts-26-sectors-identified file Open in new window\" role=\"link\" href=\"http:\/\/twitter.com\/share?url=http%3A%2F%2Fddnews.gov.in%2Fbusiness%2Frbi-paves-way-loan-recasts-26-sectors-identified\" target=\"_BLANK\">Share on Twitter<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"views-field views-field-php-1\"><span class=\"field-content\"><img decoding=\"async\" title=\"RBI paves way for loan recasts; 26 sectors identified\" src=\"http:\/\/ddnews.gov.in\/sites\/default\/files\/1583304814-5435.jpg\" alt=\"RBI paves way for loan recasts; 26 sectors identified\" \/><\/span><\/div>\n<div>\n<div class=\"news_content\">\n<p class=\"heading_small\">The Reserve Bank on Monday specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors, including auto components, aviation and tourism.<\/p>\n<p>The circular issued by the Reserve Bank for resolution of the stressed assets is based on the recommendations of the K.V. Kamath Committee, which submitted its report on 4th of September.<\/p>\n<p>The 26 sectors specified by the RBI include automobiles, power, tourism, cement, chemicals, gems and jewellery, logistics, mining, manufacturing, real estate, and shipping among others.<\/p>\n<p>The RBI said, the ratios prescribed are intended as floors or ceilings, as the case may be, but the resolution plans shall take into account the pre-COVID-19 operating and financial performance of the borrower and impact of COVID-19 on its operating and financial performance at the time of finalizing the resolution plan, to assess the cash flows in subsequent years, while stipulating appropriate ratios in each case.<\/p>\n<p>RBI also said, given the differential impact of the pandemic on various sectors\/entities, the lending institutions may, at their discretion, adopt a graded approach depending on the severity of the impact on the borrowers, while preparing or implementing the resolution plan.<\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>RBI paves way for loan recasts; 26 sectors identified Share Now Share on Facebook Share on Twitter The Reserve Bank on Monday specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors, including auto components, aviation and tourism. The circular issued by the Reserve Bank for resolution of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/14830"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14830"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/14830\/revisions"}],"predecessor-version":[{"id":14831,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/14830\/revisions\/14831"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}