Summary:
New Delhi: Complementing the RBI for announcing a Restructuring Framework for the stressed loans, the ASSOCHAM today said it expects the K.V. Kamath Committee to come up with liberal financial parameters and benchmarks for loan revamp eligibility. ”The RBI has risen to the occasion by announcing a Restructuring Framework for the stressed borrowers, also helping lenders in the process. ASSOCHAM has been consistently advocating for a liberal loan restructuring without compromising the credit discipline. Likewise, further measures on the MSME debt restructuring are much -needed and welcome features of the RBI policy announcement..