What does S4A stand for?

Q.  RBI has launched new restructuring tool ‘S4A’ to raise banks’ moral hazard risk. S4A stands for _______?
- Published on 16 Feb 17

a. Scheme for Systematic Structuring of Stressed Assets
b. Scheme for Sustainable Structuring of Stressed Assets
c. Scheme for Sustainable Structuring of Scholastic Assets
d. Scheme for Sustainable Strength of Stressed Assets

ANSWER: Scheme for Sustainable Structuring of Stressed Assets
 
Under the ‘Scheme for Sustainable Structuring of Stressed Assets’ (S4A), RBI allowed banks to take equity in debt laden firms permitting them to split total loans of struggling companies into sustainable and unsustainable based on the cash flows of the projects.

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