map Central

RESOLUTION FRAMEWORK FOR COVID-19-RELATED STRESS -FINANCIAL PARAMETERS - REVISED TIMELINES FOR COMPLIANCE (DATED – 06.08.2021)

Updated on:6th Aug, 2021
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.
Download download