1 Remarks delivered virtually by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India on December  22, 2022 at the Business Standard BFSI Insight Summit at Mumbai. The inputs provided by Sunil Nair, Brij Raj and Pradeep Kumar are gratefully acknowledged. 2 https://rbi.org.in/scripts/BS_SpeechesView.aspx?Id=1127 1  3.
When people talk about higher provision requirements that would kick in, I would only like to say that provision is not a loss. We require banks to maintain provision for standard assets as well, so why should there be any discomfort in maintaining slightly higher provision on restructured accounts. It can always be written back when the account turns around.