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NBFCs seek MSME restructuring scheme extension till March 2022


NBFCs seek MSME restructuring scheme extension till March 2022
In February last year, the Reserve Bank had permitted one-time restructuring of existing MSME advances, classified as standard without downgrade in the asset classification subject to certain additional provisioning and other compliances
PTI | April 19, 2021 | Updated 09:31 IST
Non-banking finance companies (NBFCs) have requested the Reserve Bank to extend the one-time restructuring scheme of MSME advances till March 31, 2022, as these players are unable to revive their businesses. In February last year, the Reserve Bank had permitted one-time restructuring of existing MSME advances, classified as standard without downgrade in the asset classification subject to certain additional provisioning and other compliances. ....

Nitin Gadkari , Shaktikanta Das , Small Enterprises , Industry Development Council , Credit Guarantee Fund Trust For , Reserve Bank , Finance Industry Development Council , Guarantee Fund Trust , Interest Subvention Scheme , Msme Restructuring Scheme , Msme Restructuring Scheme Extension , Non Banking Finance Companies , Nbfcs Msme Restructuring Scheme , Rbi Governor , Union Msme Minister , நிடின் கட்காரி , சிறிய நிறுவனங்கள் , தொழில் வளர்ச்சி சபை , கடன் உத்தரவாதம் நிதி நம்பிக்கை க்கு , இருப்பு வங்கி , நிதி தொழில் வளர்ச்சி சபை , உத்தரவாதம் நிதி நம்பிக்கை , அல்லாத வங்கி நிதி நிறுவனங்கள் , ர்பீ கவர்னர் ,