https://www.taxtmi.com/news?id=3730 The Corporate Debt Restructuring (CDR) mechanism employs a three tier governance structure-Standing Forum and Core Group, Empowered Group, and CDR Cell-to ensure timely, transparent restructuring of viable corporate borrowers under RBI prudential norms on income recognition, asset classification and provisioning. An RBI Working Group has reviewed these prudential guidelines and recommended tightening certain norms to strengthen supervisory standards, clarify procedural eligibility for restructuring and improve creditor coordination and disclosure. en-us Wed, 05 Sep 2012 17:25:35 +0530 Wed, 05 Sep 2012 17:25:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3730 The Corporate Debt Restructuring (CDR) mechanism employs a three tier governance structure-Standing Forum and Core Group, Empowered Group, and CDR Cell-to ensure timely, transparent restructuring of viable corporate borrowers under RBI prudential norms on income recognition, asset classification and provisioning. An RBI Working Group has reviewed these prudential guidelines and recommended tightening certain norms to strengthen supervisory standards, clarify procedural eligibility for restructuring and improve creditor coordination and disclosure. News - Wed, 05 Sep 2012 17:25:35 +0530 https://www.taxtmi.com/news?id=3730