InterviewSolution
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What Is S4a? |
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Answer» “S4A” NEW scheme has been introduced by the Reserve Bank of India (RBI) for resolution of stressed assets and bad loans of LARGE projects. The S4A will cover those projects which have STARTED commercial operations and have OUTSTANDING LOAN of over Rs.500 crore. The purpose of the S4A is to strengthen the lenders’ ability to deal with stressed assets and put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties. The scheme is an optional framework for resolution of large stressed account. “S4A” new scheme has been introduced by the Reserve Bank of India (RBI) for resolution of stressed assets and bad loans of large projects. The S4A will cover those projects which have started commercial operations and have outstanding loan of over Rs.500 crore. The purpose of the S4A is to strengthen the lenders’ ability to deal with stressed assets and put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties. The scheme is an optional framework for resolution of large stressed account. |
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