Individuals and MSMEs borrowers can avail one-time restructuring till September 30, 2021.

The RBI has issued RBI Governor’s Statement wherein additional measures taken by RBI to fight with Covid -19 has been discussed in details. One of the major measures is for Individuals and MSMEs borrowers having aggregate exposure of upto ₹25 crore and who were classified as ‘Standard’ as on March 31, 2021 shall be eligible for restructuring till September 30, 2021.The RBI has issued RBI Governor’s Statement wherein additional measures taken by RBI to fight with Covid -19 has been discussed in details. One of the major measures is for Individuals and MSMEs borrowers having aggregate exposure of upto ₹25 crore and who were classified as ‘Standard’ as on March 31, 2021 shall be eligible for restructuring till September 30, 2021.taxmann.com NewsRead More

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