Firms with relatively weaker credit profiles to benefit more from RBI measure: Crisil
The Hindu
Half of Crisil-rated mid-sized companies will be eligible for the restructuring window offered under the Resolution Framework 2.0 announced by the Reserve Bank of India (RBI), the rating agency said o
Half of Crisil-rated mid-sized companies will be eligible for the restructuring window offered under the Resolution Framework 2.0 announced by the Reserve Bank of India (RBI), the rating agency said on Thursday. Companies with relatively weaker credit profiles, and part of low-resilience sectors, are expected to benefit more from the scheme, it added. The RBI had on Wednesday announced a slew of measures to mitigate the impact of the pandemic on businesses and individuals, including a restructuring window for small businesses.
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