One-time loan recast to ease liquidity pressure, says CRISIL report

One-time restructuring of corporate loans, which are facing stress due to coronavirus-induced disruptions, announced by the RBI is likely to ease liquidity pressure for companies, according to a report. 

On Thursday, the RBI permitted banks to go for one-time restructuring of loans that are facing stress due to the Covid-19 crisis with a view to mitigating risks to financial stability.