Wilful Default : 1. Default even though the borrower has capacity to repay 2. Diversion of funds / siphoning of funds 3. Disposal of securities 4. Options available for stressed assets: 5. Exit, rescheduling/restructuring, rehabilitation, compromise, legal action, write off.
CDR Mechanism : 1. CDR Mechanism: for consortium/multiple banking, outstanding more than Rs.10 cr . 2. CDR standing forum: formulates policy 3. CDR core group carved out of forum to assist standing forum in decisions relating to policy 4. CDR empowered group decides the cases.