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Non-Bank Lenders Approach Loan Moratoriums Cautiously
Fears of asset-liability mismatches are making non bank lenders more cautious about offering loan moratoriums.
01 Apr 2020, 03:36 PM IST
India’s non-bank lenders and housing finance companies are offering loan moratoriums selectively to customers, fearing that a halt in a large chunk of repayments could lead to liquidity stress.On Friday, the Reserve Bank of India allowed all lenders to offer a three-month moratorium on all term loans and working capital credit. This was done to tide over a period where customers and businesses may face a sudden stop in cash flows due...
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