Question

What is the maximum extension allowed for infrastructure projects involving court cases when restructuring a project loan classified as a 'standard asset'?

A 1 year Correct Answer Incorrect Answer
B 4 years Correct Answer Incorrect Answer
C 2 years Correct Answer Incorrect Answer
D 3 years Correct Answer Incorrect Answer
E 5 years Correct Answer Incorrect Answer

Solution

The maximum extension allowed for infrastructure projects involving court cases is up to another 2 years beyond the existing extended period of 2 years, i.e., a total extension of 4 years.

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