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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