Presently, the RBI has prescribed certain very broad illustrative viability criteria – the parameters may include the Return on Capital Employed, Debt Service Coverage Ratio, Gap between the Internal Rate of Return and Cost of Funds and the amount of provision required in lieu of the diminution in the fair value of the restructured advance.
Even at this early stage there is every justification for observing that the euro money market has already achieved considerable depth and a high degree of liquidity. •  Second, the advent of the new currency has also brought about a transformation of the European capital markets.