The risk was that assets that were not fundamentally sound would also be given the option. You cannot blame the concept of restructuring. Some automobile companies said yesterday that the sales momentum would lose steam after the CRR hike. Let me use an automotive analogy.
If you are driving a car at 100 kmph and know the road ends five kms later, what do you do? Do you begin to gradually apply the brakes now or do you wait till you are near the end of the road and then slam the brakes? Both are legitimate options: the question is which is riskier.