Banking Sectors - RBI - 20.05.2021
* Banks seek more reliefs from RBI as worries of rising stress mount amid the second wave.
* Banks Seek More Reliefs From RBI As Worries Of Rising Stress Mount Amid Second Wave
* Banks Say Environment Worse Than Initially Anticipated, Borrowers May Face Larger Hit
* Banks Seek Restructuring For Loans Of > Rs 25 Cr Under Resolution Framework 2.0
* Debt Recast Invoked For 300 Corporate A/cs As Of Dec 2020
* Bks Seek Extension To Repay FITL For Covid-hit Borrowers Until March 2022
* FITL is Funded Interest Term Loan
* Banks Seek 2nd-time Recast For MSME & Education Loan, Which Is Currently Not Allowed
* Banks Request RBI To Halve Provisioning For MSME Recast To 5%
* Banks Request For Working Capital Reassessment For Loans Of > 25 Cr
* RBI Urges Banks To Improve Monetary Transmission To Help Eco Revival
* RBI Also Sought Quick Implementation Of All May 5 Measures, Incl Lending To Healthcare
* Banks May Launch Special Produts With Attractive Rates For Health Care Infra Over Next Few Days
