Govt asks banks to obtain board approval for corporate loans restructuring by September 15

Govt asks banks to obtain board approval for corporate loans restructuring by September 15

(This story originally appeared in on Sep 04, 2020) MUMBAI: The government has asked banks to obtain board approval for restructuring of corporate loans by September 15 after the K V Kamath-led committee submits its report in the first week. This was communicated to bank chiefs in their review meeting with finance minister Nirmala Sitharaman. … Read more