However, it still cannot be judged that there has been a clear change in the underlying trend; this is partly because, in 2014, the rate of increase in prices had slowed after the consumption tax hike, and the rate of increase in that index reflected this effect.
The objective of restructuring is to preserve the value of viable entities that are affected by certain internal and external factors and minimize the losses to the creditors and other stakeholders. We already have a detailed regulatory prescription, separately for Corporate Debt Restructuring mechanism for consortium advances and standalone restructuring by individual banks. 12.