The Reserve Bank of India's (RBI) new norms
asking banks to cap their collective exposure to a
single large corporate borrower at ?10,000 crore,
by April 1, 2019, has left the lenders between a
rock and a hard place. Banks fear that stressed
corporate borrowers may not be able to raise
resources from the bond market - as the RBI has
suggested - to repay their loans.
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