Moody’s Raises Red Flag On Liquidity, Solvency Of India’s Non-Bank Lenders
Reeling under tight liquidity conditions, NBFCs and HFCs begin relying on loan sell-downs to banks to raise funds. (Photographer: Dhiraj Singh/Bloomberg)

Moody’s Raises Red Flag On Liquidity, Solvency Of India’s Non-Bank Lenders

India’s non-bank lenders will face increased liquidity and solvency strains as economic activity slows due to the spread of Covid-19, according to Moody’s Investors Service.Non-banking financial in...
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