India Inc’s restructured loans turning toxic at a faster pace

Slippages from restructured assets are set to rise as promoters are unable to turn around their businesses in a weak economy and to repay loans even after bankers have given them easier terms. RK Bansal, chairman of the corporate debt restructuring (CDR) cell, told FE the rate of slippages could go up to 15% from the current levels of 10%.

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