Friday, April 10, 2020

NBFCs risk not repaying Rs 1.75 lakh crore

Debt worth Rs 1.75 lakh crore, maturing by June 2020, may be at risk of not being paid if the RBI does not move quickly to clarify that the moratorium package available to banks should be extended to non-banking finance companies (NBFCs) also.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ySxnQv

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