Repeated restructuring Another such recommendation is regarding a special forbearance granted to CDR mechanism whereby a second restructuring is not considered as a repeated restructuring if there is no negative NPV on discounting of pre and post-restructuring cash flows.
It was observed that this special dispensation not only gave undue advantage to the restructuring of large corporate accounts but such special dispensation could result in repeated restructuring due to the dilution in the norm for CDR cases without attracting stricter asset classification and provisioning norms.