RBI set to announce one-time loan restructuring guidelines soon |  Photo Credit: BCCL
New Delhi: The Reserve Bank of India is set to announce the financial parameters. In his interview with CNBC Awaaz, RBI Governor Shaktikanta Das said that banks can extend the loan moratorium by 3, 6, or even 12 months under the one-time restructuring.
The KV Kamath committee was tasked with the recommendations on the parameters is believed to have submitted its report to the RBI.
ET Now had earlier reported, according to sources, the committee may submit recommendations to the RBI by September 4. Additionally, the RBI may put out guidelines for banks by September 7.
Sources tell ET Now that the committee has closely looked at around six se…
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