News & Media

After RBI’s ruling on troubled builders dues, Rs 20k-crore realty loans in for a rejig

Mar 29, 2020
  • Published by : Economic Times
  • Author(s) : Babu Sivaprakasam
  • Babu Sivaprakasam, Partner, Economic Laws Practice, shares his views with The Economic Times, on the new Reserve Bank of India rules that allows banks and housing finance companies to defer the classification of troubled builder loans as bad for one year. This gives the industry more time to restructure its loans.

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