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In a relief to micro, small and medium enterprises (MSME) sector, the Reserve Bank of India (RBI) has extended the deadline for one- time debt recast for these firms that are in default but have not been classified as non-performing.
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ruary 06, 2020 22:17 IST Updated: February 06, 2020 22:49 IST Commercial realty projects in default get more time Share Article 0 PRINT A A A Commercial realty projects in default get more time <span>In a relief to micro, small and medium enterprises (MSME) sector, the Reserve Bank of India (RBI) has extended the deadline for one- time debt recast for these firms that are in default but have not been classified as non-performing. An asset becomes non-performing if interest or principal payment is overdue for more than 90 days. “... it has been decided to extend the benefit of one-time restructuring without an as


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