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RBI Tightens Provisions for Yet to Fail CDR Accounts - (12 Jan 2016)

Reserve Bank of India (RBI) has asked lenders to increase provisioning for accounts that may not have yet failed Corporate Debt Restructuring (CDR) but do not meet conditions stipulated in the master restructuring agreement. These provisions will need to be maintained from April.

Tags : RESERVE BANK OF INDIA   CORPORATE DEBT RESTRUCTURING  

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