CDR - Limit - Banking Management
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SURYANARAYAN MOHAPATRA
Sep 29, 2012, 12:18:46 AM9/29/12
to ibs_sec-g_bm, banking_mgmt_section-c
Dear Students,
Please note the following changes to CDR guideliones.
1)
In terms of new RBI guidelines on CDR Mechanism,
corporates with aggregate outstanding exposure of Rs.10 crore and above are
eligible for restructuring under CDR System
2)
The guidelines also allow restructuring of large-value BIFR cases for restructuring under the CDR system if specially recommended by the CDR Core Group. The eligibility criteria for taking up BIFR cases for restructuring under CDR Mechanism is minimum cut-off limit of Rs.15 crore of aggregate outstanding exposure of Banks/FIs. The exposure would exclude equity and preference shares subscribed to by FIs/Banks.
With best wishes.
Prof. Surya Mohapatra
Please note the following changes to CDR guideliones.
1)
2)
The guidelines also allow restructuring of large-value BIFR cases for restructuring under the CDR system if specially recommended by the CDR Core Group. The eligibility criteria for taking up BIFR cases for restructuring under CDR Mechanism is minimum cut-off limit of Rs.15 crore of aggregate outstanding exposure of Banks/FIs. The exposure would exclude equity and preference shares subscribed to by FIs/Banks.
With best wishes.
Prof. Surya Mohapatra
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