A news report published in this paper on Wednesday stated, ‘The Reserve Bank of India’s loan restructuring plan would be a success this time as it comes with a specific time frame and there is very little scope for misuse by either corporates or banks, said KV Kamath.Alas. What the veteran banker left unsaid is that in the attempt to rule out misuse, RBI has effectively ensured there is very little scope for use either. Singed by the sharp
