Based on the recommendations of the Monetary Policy Committee -Financial Services Division (finserv@vinodkothari.com) Extension of the restructuring norms for MSME debt The RBI via a notification on 1st January 2019[1] had allowed NBFCs and banks to restructure their advances to MSMEs, classified as ‘standard’, without any asset classification downgrade and the same was extended further … Continue reading Additional relief from COVID-19 disruptions