The Reserve Bank of India is likely to tweak the guidelines for the Scheme for Sustainable Structuring of Stressed Assets (S4A), as banks have not been able to make much headway with the scheme, senior bankers told FE. The rules, they said, might be diluted – the sustainable portion of the debt need not be 50% of the total as is currently mandated, but a smaller share.
Source - http://www.financialexpress.com
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