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    <title>Asset Quality Review Exercise Must be Conducted Immediately After Forbearance is with Drawn: Suggests Economic Survey</title>
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    <description>Regulatory forbearance relaxed classification and provisioning norms for restructured loans, and the Survey recommends conducting an Asset Quality Review immediately after forbearance is withdrawn to reveal true asset performance, restore provisioning discipline, and correct credit misallocation that led to undercapitalization and weakened firm governance.</description>
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    <pubDate>Fri, 29 Jan 2021 16:40:40 +0530</pubDate>
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      <description>Regulatory forbearance relaxed classification and provisioning norms for restructured loans, and the Survey recommends conducting an Asset Quality Review immediately after forbearance is withdrawn to reveal true asset performance, restore provisioning discipline, and correct credit misallocation that led to undercapitalization and weakened firm governance.</description>
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