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View: Reserve Bank of India’s loan restructuring; atoning past sins

View: Reserve Bank of India’s loan restructuring; atoning past sins
After months of debate, Governor Das unveiled one that rested on the Prudential Framework for Resolution of Stressed Assets issued in June 2019, a palatable formula born out of a legal tussle between bankrupt borrowers and a regulator entrusted with safeguarding the common man’s nest egg.