Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 74)

2021-05-07 Business

74.

In restructuring of loan resolution frame 2.0 for individual borrowers and small businesses, the outstanding loan of these borrowers must be upto how much to avail the facility?

Rs 30 crore

Rs 15 crore

Rs 20 crore

Rs 25 crore

Answer: Option

Explanation:

The Individual borrowers and small businesses with loan outstanding of up to Rs 25 crore, who have not taken restructuring earlier and were standard as of March 2021, will be considered for restructuring till September 30, 2021.