RBI rolls out relief framework for calamity-affected borrowers: Standard accounts eligible for restructuring, moratorium support under principle-based regime
The Reserve Bank of India (RBI), in an official statement, has introduced a structured relief framework for borrowers affected by natural calamities, aiming to streamline post-disaster credit support while giving banks greater operational flexibility in designing rehabilitation measures. The framework is intended to speed up credit support in disaster-hit regions without weakening prudential discipline, marking a shift toward a principle-based…
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