Question
Which of the following is correct about Scheme for
Sustainable Structuring of Stressed Assets (S4A)? 1. It will strengthen the lenders’ ability to deal with stressed assets 2. This is applicable to all scheduled commercial banks (excluding RRBs), refinancing institutions and NBFCs. 3. Loan for S4A can only be approved after the endorsement of Overseeing Committee (OC) 4. The project eligible for his has to start commercial operationsSolution
The correct answer is E
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