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