Home / Finance / News / HDFC Bank to ICICI, 8 banks recast exposures worth Rs 27,000 cr in OTR 2.0

HDFC Bank to ICICI, 8 banks recast exposures worth Rs 27,000 cr in OTR 2.0

The country's largest private lender HDFC Bank had the highest share in restructuring at Rs 17,395 crore, followed by another private lender ICICI Bank at Rs 4,156 crore

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The overdue loan book for lenders in the retail and micro, small and medium enterprise segments remains high.

3 min read Last Updated : Oct 26 2021 | 6:00 AM IST

Personal loans have about 80 per cent share in exposures restructured under regulatory package 2.0 by eight banks who have declared results for the second quarter.

The remaining 20 per cent are loans to individuals used for business and credit to MSMEs. The total recast exposure of these banks under One Time Restructuring (OTR 2.0) was Rs 27,708 crore.

The country’s largest private lender HDFC Bank had the highest share in restructuring at Rs 17,395 crore, followed by another private lender ICICI Bank at Rs 4,156 crore. Bankers said the restructuring scheme was designed in May 2021 primarily

Topics : HDFC Bank ICICI Bank Personal loans debt restructuring scheme MSME lending

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