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Reserve Bank of India (RBI) tightened norms for bad loan resolution by setting timelines for resolving large Non-performing assets (NPAs). Which of the following is/are the existing frameworks which has been removed with the immediate effect?
  • a)
    Corporate Debt Restructuring Scheme
  • b)
    Strategic Debt Restructuring Scheme
  • c)
    Flexible Structuring of Existing Long Term Project Loans
  • d)
    Scheme for Sustainable Structuring of Stressed Assets
  • e)
    All the above
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Reserve Bank of India (RBI) tightened norms for bad loan resolution by...
On February 12, 2018, Reserve Bank of India (RBI) tightened norms for bad loan resolution by setting timelines for resolving large Non-performing assets (NPAs). Along with setting new norms to be followed for identifying, reporting and resolving stressed assets, RBI has also withdrawn the existing resolution frameworks and the Joint Lenders’ Forum (JLF). The existing resolution frameworks which have been withdrawn with immediate effect include Corporate Debt Restructuring Scheme, Strategic Debt Restructuring Scheme (SDR), Flexible Structuring of Existing Long Term Project Loans and Scheme for Sustainable Structuring of Stressed Assets (S4A).
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Reserve Bank of India (RBI) tightened norms for bad loan resolution by setting timelines for resolving large Non-performing assets (NPAs). Which of the following is/are the existing frameworks which has been removed with the immediate effect?a)Corporate Debt Restructuring Schemeb)Strategic Debt Restructuring Schemec)Flexible Structuring of Existing Long Term Project Loansd)Scheme for Sustainable Structuring of Stressed Assetse)All the aboveCorrect answer is option 'E'. Can you explain this answer?
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Reserve Bank of India (RBI) tightened norms for bad loan resolution by setting timelines for resolving large Non-performing assets (NPAs). Which of the following is/are the existing frameworks which has been removed with the immediate effect?a)Corporate Debt Restructuring Schemeb)Strategic Debt Restructuring Schemec)Flexible Structuring of Existing Long Term Project Loansd)Scheme for Sustainable Structuring of Stressed Assetse)All the aboveCorrect answer is option 'E'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Reserve Bank of India (RBI) tightened norms for bad loan resolution by setting timelines for resolving large Non-performing assets (NPAs). Which of the following is/are the existing frameworks which has been removed with the immediate effect?a)Corporate Debt Restructuring Schemeb)Strategic Debt Restructuring Schemec)Flexible Structuring of Existing Long Term Project Loansd)Scheme for Sustainable Structuring of Stressed Assetse)All the aboveCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Reserve Bank of India (RBI) tightened norms for bad loan resolution by setting timelines for resolving large Non-performing assets (NPAs). Which of the following is/are the existing frameworks which has been removed with the immediate effect?a)Corporate Debt Restructuring Schemeb)Strategic Debt Restructuring Schemec)Flexible Structuring of Existing Long Term Project Loansd)Scheme for Sustainable Structuring of Stressed Assetse)All the aboveCorrect answer is option 'E'. Can you explain this answer?.
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