Resolution Framework for COVID-19-related Stress -Financial Parameters – Revised timelines for compliance (dated – 06.08.2021) – RBI
View PdfResolution Framework for COVID-19-related Stress -Financial Parameters – Revised timelines for compliance (dated – 06.08.2021) – RBI
- Advising the key ratios and their sector specific thresholds to be considered by lending institutions while finalizing the resolution plans in respect of eligible borrowers under Part B of the Annex to the Resolution Framework for Covid-19 related stress issued on August 6, 2020.
- It has been decided to defer the target date for meeting the specified thresholds in respect of the four operational parameters, viz. Total Debt / EBIDTA, Current Ratio, DSCR and ADSCR, to October 1, 2022.
- The target date for achieving the ratio TOL/ATNW, as crystalized in terms of the resolution plan, shall remain unchanged as March 31, 2022.
