RBI
CIRCULAR DATE
6 AUGUST 2021
APPLICABLE TO
Resolution Framework for COVID-19-related Stress – Financial Parameters – Revised timelines for compliance
SUBJECT OF THE CIRCULAR
In view of the resurgence of the Covid-19 pandemic in 2021 and recognising the difficulties it may pose for the borrowers in meeting the operational parameters, 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.
