Question

Explain the term....""CDR"".....

Answer 1

Constant default rate (CDR) is the percentage of mortgages within a pool of loans on which the mortgagors have fallen more than 90 days behind in making payments to their lender.



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Answer 2

Corporate Debt Restructuring (“CDR”) mechanism is a voluntary non statutory mechanism under which financial institutions and banks come together to restructure the debt of companies facing financial difficulties due to internal or external factors, in order to provide timely support to such companies.