For banks

♤ Capacity building of banks – There is a need for emergence of additional technical capabilities of banks to undertake evaluation of projects, restructuring schemes, etc. undertaken under JLF. Reserve Bank through the Centre for Advanced Financial Research and Learning has taken initiative to organise capacity building program for bankers.

♤ Strategic Debt Restructuring: - Provide lenders 51% equity control in a company that fails to repay even after its debts are rejigged to give the management a second chance. It Will come into force if the corporate debt restructuring (CDR) mechanism fails.

♤ 5/25 norms: Permitted banks to structure loans for 25 years while giving them the flexibility to revise rates or sell the asset to another bank every five years in infrastructure.