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  2. A Right to Recompense is a tool by which banks, that take large haircuts on the debts for stressed assets during resolution, can recover the sacrifice they make in due course of time.
    economictimes.indiatimes.com/news/economy/poli…
    In case of ‘Right to Recompense’, this right is pre-decided between a lender and a borrower (usually a corporate entity), at the time of drafting and implementation of a rehabilitation package. Here, the compensation for the loss or sacrifice of the lender depends on the performance of the borrower following the implementation of the CDR package.
    www.allbankingsolutions.com/Articles/Articles-VS-…
     
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    WEBNov 22, 2017 · A Right to Recompense is a tool by which banks, that take large haircuts on the debts for stressed assets during resolution, can recover the sacrifice they make in due course of time.

     
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    WEBOct 24, 2023 · ‘Right of Recompense’ is a tool used by banks and financial institutions to recover the sacrifice they make on the debts for stressed assets.

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    WEBOct 25, 2023 · RBI to Reevaluate Bank’s Exercise of “Right of Recompense” in Landmark Kerala High Court Judgment. In a significant legal development, the High Court of Kerala at Ernakulam has rekindled …

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