ADITYA VERMAADITYA VERMA asked 1 year ago
1 Answers
RaviRavi Staff answered 1 year ago

if loans are taken from multiple banks, loan amount is more than 10 crores, borrower is unable to pay back loan time, needs more time and concession in loan amount, interest rate and installment amount etc
he can apply of lender can apply for CDR, CDR may include following

90-180 day stand still (no legal actions from lenders) / conversion of loan in equity or debt instruments / increase in security / more loan / delayed repayment / reduced interest rate etc

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