The assets eligible for being reckoned as part of SLR were also brought on par. To ensure that this is achieved in a non-disruptive manner, banks were allowed to reach the target in a phased manner. Similarly KYC guidelines for co-operative banks have also been brought at par with commercial banks. Way forward 24.
Let me indicatively mention some of these initiatives: the development of a secondary market for loans (performing or non-performing); the reform of the framework for out-of-court debt settlements; the improvement of infrastructure and expertise of the judicial framework; 2/7  BIS central bankers' speeches  the legislative reform to ensure that existing shareholders participate in the reorganisation of companies, or otherwise immediately withdraw.