 "RBI, reserve bank of india")
The restructuring package announced by Reserve Bank of India (RBI) on August 6 is aimed at helping both borrowers and bankers to tide over the challenging time, banking experts said on Wednesday.
Speaking at a webinar organised by CII, Indian Overseas Bank MD & CEO Partha Pratim Sengupta said that the recent package announced by the apex bank has plugged all the gaps of previous ones such as those related to corporate debt restructuring (CDR) and strategic debt restructuring (SDR).
He said that the previous packages had not seen much success owing to the stringent riders which came along with them.
"But the present
