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Guidelines on Joint Lenders Forum (JLF) and Corrective Action Plan (CAP)

Guidelines on Joint Lenders Forum (JLF) and Corrective Action Plan (CAP)

These guidelines are applicable for lending under Consortium and Multiple Banking Arrangements (MBA) [except instructions in paragraphs 2.205, 2.232, 2.239 and  2.240 below and in case of dissemination of Information, which are applicable in all cases of lending], and should be read with prudential norms on ‘Restructuring of Advances by banks’ as contained in Part B of this Master Circular no. RBI/2015-16/101 DBR.No.BP.BC.2/21.04.048/2015-16 dated July 1, 2015 issued prudential guidelines on restructuring of advances by banks.