https://www.taxtmi.com/news?id=3655 RBI guidelines allow conversion of outstanding principal and accrued interest on crop and agricultural term loans into term loans with tenor based on crop damage frequency/intensity; converted/rescheduled agri-loans are to be treated as current dues, interest on restructured loans is not to be compounded, and at least a one-year moratorium must be provided. The measures include relaxed security and margin norms and fresh crop and consumption loans for affected farmers, and accounts restructured due to natural calamities retain their asset classification so that a once-restructured standard asset is not treated as a second restructuring. en-us Thu, 23 Aug 2012 11:29:20 +0530 Thu, 23 Aug 2012 11:29:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3655 RBI guidelines allow conversion of outstanding principal and accrued interest on crop and agricultural term loans into term loans with tenor based on crop damage frequency/intensity; converted/rescheduled agri-loans are to be treated as current dues, interest on restructured loans is not to be compounded, and at least a one-year moratorium must be provided. The measures include relaxed security and margin norms and fresh crop and consumption loans for affected farmers, and accounts restructured due to natural calamities retain their asset classification so that a once-restructured standard asset is not treated as a second restructuring. News - Thu, 23 Aug 2012 11:29:20 +0530 https://www.taxtmi.com/news?id=3655