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 stock of restructured and rescheduled loans is somewhat high, but that is a function of the Bank's being pro-active in assisting viable customers during difficult times.
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.
Earlier Thursday, State Bank Governor Muhammad Yaqub asked the heads of the commercial banks to furnish details of the outstanding loans and rescheduled loans to politicians and parliamentarians.
Labour was accused of hypocrisy after it emerged that Britain rescheduled loans to allow the Indonesians to buy Hawk jets and also gave financial help to UK firms working for the regime.
MPs from both sides demanded an investigation into claims that the DTI rescheduled loans to allow the Indonesians to buy British-built Hawk jets, and also gave financial help to UK firms working for the regime.