In order to help real estate companies tide over the current credit crunch and weak demand, RBI has cut repo and reverse repo rate by 100 bps each recently and allowed restructuring of commercial real estate loans up to ________

During the 2008-2009 global financial crisis, the RBI provided relief to the real estate sector by cutting rates by 100 basis points (1%) and allowing loan restructuring. The June 30, 2009 deadline extended the window for banks to restructure commercial real estate exposures without triggering asset classification downgrade.