Loan recast: PSBs bear the brunt

Public sector banks (PSBs) share a disproportionate burden of restructured accounts. The Reserve Bank of India (RBI) argues if economic downturn is the reason for debt recast, that should reflect across all bank groups and not just PSBs. RBI says the trend is arguably a reflection that PSBs have not been judicious in using restructuring as a credit management tool (Click on graphic)