Banking Quest announces an Online Workshop on "Restructuring of Loan Accounts affected due to COVID-19” on 01st November, 2020 (Sunday) from 11 am to 4 pm.

Due to COVID-19 situation, most of the loan accounts are being restructured by the banks. To enable bankers understand the concept of Restructuring of Loan Accounts and the various Schemes of
Restructuring announced by RBI for Personal Loans, MSME & Large Corporate Borrowers, we are conducting this workshop.

The Workshop will cover topics of discussion as under:-

• Personal Loan Restructuring Scheme for COVID-19 related Stressed Accounts announced by RBI,
• Scheme for restructuring of Micro, Small and medium Enterprises (MSME) borrowers,
• Scheme for Restructuring for Large Corporate borrowers,
• Framework for Revival and Rehabilitation of Micro, Small and medium Enterprises,
• Recommendations of the Expert Committee set up by RBI for 26 Sectors affected by COVID-19.
• Prudential Guidelines of RBI on Restructuring of a Loan Account.
• Signs of Financial difficulties of a borrower,
• Sickness in an account as per MSMED Act, 2006,
• Corrective Action Plans adopted by commercial banks,
• Guidelines for Handholding support to a borrower,
• Viability Benchmarks for a Restructured Account,
• Prudential Norms on Restructuring,
• Income Recognition Norms in a Restructured Account,
• Diminution in Fair Value on Restructured Advances,
• Working Capital Term Loan (WCTL) & Funded Interest Term Loan (FITL) credit facilities,

Interested participants may enroll for the workshop.

Regards
Tilak Gulati
CEO
Banking Quest