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RBI allows banks to restructure airline loans without NPA tag
The Reserve Bank of India (RBI) had allowed banks to restructure loans of airline companies without reckoning them as non-performing assets (NPAs), State Bank of India (SBI) Chairman O P Bhatt said. "They (loans to airline companies) are not non-performing assets as of now. This (RBI guidelines) will allow us to restructure without classifying them as NPAs. This is something similar to in 2009, when
The Reserve Bank of India (RBI) had allowed banks to restructure loans of airline companies without reckoning them as non-performing assets (NPAs), State Bank of India (SBI) Chairman O P Bhatt said. "They (loans to airline companies) are not non-performing assets as of now. This (RBI guidelines) will allow us to restructure without classifying them as NPAs. This is something similar to in 2009, when
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