No need to extend timelines for recast loans, says Axis Bank top exec

The deadline has already been extended once, and if the borrowers are not able to meet the parameters, banks are required to classify the loans as "non-performing"

Axis Bank

Axis Bank

Axis Bank does not see the need to extend timelines for meeting operational parameters for corporate loans restructured under the regulatory package to tackle the impact of Covid-19.

Rajiv Anand, deputy

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First Published: Dec 14 2021 | 3:28 PM IST

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