The 5/25 scheme and the Strategic Debt Restructuring scheme were also introduced with a view to enable reduction in stress levels and early resolution. Surgical procedure 9. After the pre-operative procedures, RBI undertook a surgical procedure in the form of Asset Quality Review at banks.
In particular, the critical difference is that, while the financial intermediation function that supports economic activity was broken due to the domestic financial crisis, which was at its peak in 1997, the financial system is in sound, robust shape this time around.