Loading
2-Sep-2010 10:21 AM

Reserve Bank of India to ease rules for restructuring loans for airlines

Reserve Bank of India (RBI) has agreed to ease rules for the restructuring of loans for the nation’s debt-laden airlines (Live Mint, 01-Sep-2010). Banks will now be permitted to restructure unsecured aviation loans without classifying them as non-performing assets. Currently under RBI guidelines, only secured loans are eligible for restructuring. [more - Perspective]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More