Resolution framework 2.0 Covid related stress of individuals

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Last updated: 07 May 2021
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This document outlines the Reserve Bank of India's Resolution Framework 2.0, designed to help individuals and small businesses impacted by COVID-19 related financial stress. It provides a framework for lenders to offer resolution plans, including rescheduling payments and moratoriums, for eligible borrowers. The document details eligibility criteria, permitted features of resolution plans, and disclosure requirements for lending institutions. It is particularly useful for financial institutions and borrowers seeking to navigate financial difficulties arising from the pandemic.

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Contains additional relief by RBI to Individual and small business due to second phase of Covid -19 #pdf
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Submitted by · Posted 07 May 2021 · Other files by CA Amrita Chattopadhyay · Report
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