Sunday, May 3, 2020

Unwilling banks to seek their board view on moratorium to NBFCs

During a meeting over video conferencing, central bank officials also told bankers that they could use their discretion to decide the eligibility of firms based on their credit and liquidity profile, multiple people familiar with the matter said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/unwilling-banks-to-seek-their-board-view-on-moratorium-to-nbfcs/articleshow/75523090.cms

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