Hospitality, aviation, tourism firms likely to seek loan recast: Bankers

Companies in about half-a-dozen sectors, including hospitality, aviation, travel and tourism, are likely to seek the benefit of one-time loan restructuring which will kick in from the next month, said bankers.

There may not be a rush for restructuring from corporates as only those sectors which are having cash flow problems are likely to go in for loan recast to avoid the tag of 'restructured account', bankers opined.

Micro, small and medium enterprises (MSME) are already covered under the ongoing restructuring scheme which was tweaked earlier this month to cover those impacted by Covid-19 crisis.

"Accordingly, it has been decided