RBI’s Loan Moratorium Extension May Bring More Pain For NBFCs
Reeling under tight liquidity conditions, NBFCs and HFCs begin relying on loan sell-downs to banks to raise funds. (Photographer: Dhiraj Singh/Bloomberg)

RBI’s Loan Moratorium Extension May Bring More Pain For NBFCs

The Reserve Bank of India’s decision to extend a moratorium on loan repayments until Aug. 31 may end up bringing more pain for the country’s non-bank lenders.The moratorium, first announced in Marc...
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