(v)  Improvement in current restructuring process: Independent evaluation of large value restructurings mandated, with a focus on viable plans and a fair sharing of losses (and future possible upside) between promoters and creditors. (vi)  More expensive future borrowing for borrowers who do not co-operate with lenders in resolution. BIS central bankers’ speeches  3  Support to viable but stressed Accounts 14.
Despite the best efforts by banks, slippages do occur. Once an account slips into NPA category, then the focus should shift to upgradation. At this juncture, it is important to understand that the Reserve Bank has not barred banks from sanctioning need based additional finance to borrowers whose accounts are classified as NPAs.