Third Covid Wave Of Could Lead To Incremental Restructuring: ICRA
Banking Frontiers|January 2022
With incremental restructuring under Covid 2.0, the overall standard restructured loan book for banks increased to 2.9% of standard advances as on September 30, 2021 (2.0% as on June 30, 2021). Most of this restructuring includes borrowers impacted by Covid 1.0 and 2.0.
Third Covid Wave Of Could Lead To Incremental Restructuring: ICRA

Restructuring under Covid 1.0 is estimated at 34% (or ₹1.0 trillion) of the total standard restructured loan book of ₹2.85 trillion for banks as on September 30, 2021, while restructuring under Covid 2.0 is estimated at 42% or ₹1.2 trillion. The balance comprised MSME and other restructuring.

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