Rescheduled loans

Rescheduled loans

Bank loans that are usually altered to have longer maturities in order to assist the borrower in making the necessary repayments.

Rescheduled Loan

A loan made to a borrower where the lender has extended the repayment period. Rescheduled loans are most common when the borrower informs the lender that he/she will be unable to repay the loan in time, or when the borrower cannot afford payments. Because a default would hurt both the borrower and the lender, the lender often works with the borrower through options, such as rescheduling the repayment.
References in periodicals archive ?
The weaker credit profile compared with the prior composition is mainly driven by the share of restructured and rescheduled loans (increasing to 16.
But he said that the treatment of the rescheduled loans, which is done under prudential regulations that are publically available, is the responsibility of the central bank.
The ratings are constrained by recent rises in the NPL portfolio and in the stock of restructured and rescheduled loans, as well as by volatility in comprehensive income.
The regulations provide that UAE banks must make monthly reports to the Central Bank on their loan provisions, overdue or rescheduled loans.
The overall rescheduled loans in the banking system declined by 15 per cent last year.
Despite this expected stabilization, Moody's also notes that elevated single-party and industry concentrations, in conjunction with opacity regarding the level of restructured and rescheduled loans, continue to remain key downside risks for system asset quality.
Despite this expected stabilisation, Moody's also noted that elevated single-party and industry concentrations, in conjunction with opacity regarding the level of restructured and rescheduled loans, continue to remain key downside risks for system asset quality.
Article 4 of the draft proposal stipulates that repayment of rescheduled loans should not surpass 40 percent of a defaulter's monthly income or 30 percent of a retiree's.
The fact that the credit indicator remains above the threshold is primarily associated with the loan rescheduling process taking place, as the rescheduled loans are treated as new flows, rather than provision of new credit," it said.
Banks will extend the best possible terms for rescheduled loans to improve the economic viability of the discoms.
And I understand that some of the money they agreed to let out of their grasp were not new loans as they would be interpreted commonly, but rescheduled loans and the like.
Problematic assets are defined as the sum of nonperforming, restructured and rescheduled loans, loans 90 days past due and foreclosed assets.