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New measures to restructure loans by banks a 'durable' resolution says RBI Governor

New measures to restructure loans by banks a 'durable' resolution says RBI Governor

Aug 25, 2020, at 04:25 am

Mumbai/IBNS: Ahead of the expiry of the six-month loan repayment freeze on August 31, Reserve Bank of India Governor Shakti Kanta Das in an interview to CNBC Awaz said the new measures introduced to enable the banks to restructure loans will provide a "durable" resolution to the businesses constrained for money due to Covid-19, save jobs and in turn revive the economy, said a Bloomberg report.

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