Banks see no rush for loan recast, expect borrowers to come forward in December (2024)

Synopsis

There were approximately 387 accounts with an exposure of more than ₹1,500 crore that were standard at the end of March. Some of them availed of the six-month moratorium, which ended August 31, out of caution to preserve liquidity and may not need restructuring, said people with knowledge of the matter.

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