Mumbai, April 19 -- Banks have sought freedom to restructure loan accounts on a case-to-case basis without going through a uniform restructuring framework, two people aware of the matter said. This is part of suggestions presented to the Reserve Bank of India (RBI) after the Supreme Court quashed the central bank's 12 February, 2018, circular prescribing a oneday default rule and mandatory insolvency filing for large loan accounts. "The February 12 circular replaced all the earlier schemes like the strategic debt restructuring (SDR) scheme for sustainable structuring of stressed assets (S4A) and the 5/25 refinance. Abolishing all other schemes it gave banks full freedom to the banks to restructure accounts. We would like the RBI to maintain...