Question

Resolution Plans involving restructuring / change in ownership in respect of accounts where the aggregate exposure of lenders is ……………………… and above, shall require independent credit evaluation (ICE) of the residual debt by credit rating agencies (CRAs) specifically authorised by the Reserve Bank for this purpose

A 50 crores Correct Answer Incorrect Answer
B 100 crores Correct Answer Incorrect Answer
C 500 crores Correct Answer Incorrect Answer
D 1000 crores Correct Answer Incorrect Answer
E 2000 crores Correct Answer Incorrect Answer

Solution

Accounts with aggregate exposure of ₹500 crore and above shall require two such ICEs (Independent Credit Evaluation), others shall require one ICE

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