Bankers on one-time loan restructuring

Bankers say the Reserve Bank of India (RBI) notification allowing one time restructuring of loans post Covid 19 makes it easier to find solutions to a stressed asset without changing the management but a lot will depend on the parameters set by the KV Kamath committee.Bankers said the only difference between the June 7 circular and this one is that a corporate loan can be restructured without changing its management and classifying it as NPA.