RBI Chief hopeful of revival of economy with loan restructuring plan
Reserve Bank of India Governor Shaktikanta Das said the Central Bank is eyeing the revival of the economy with the loan restructuring plan. He said the new plan will provide a "durable" resolution for cash-strapped businesses and help revive the economy. Mr Das added that the loan restructuring plan has replaced a blanket loan moratorium that's due to expire later this month. He further said the moratorium was a temporary plan.