The revised rules will come into effect from 1 July 2026 and will apply prospectively, with existing restructured accounts continuing under the current framework unless a fresh plan is invoked. For the full story, visit the source.
BusinessMaharashtra
RBI eases disaster loan recast norms, mandates 5% provisioning by banks, NBFCs
The revised rules will come into effect from 1 July 2026 and will apply prospectively, with existing restructured accounts continuing under the current framework unless a fresh plan is invoked.
By Anshika Kayastha· Livemint· 8 days ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint