Wednesday, June 3, 2020

Companies with loan recast seek moratorium from banks

RBI’s Covid-19 regulatory package was announced to mitigate the debt-servicing burden of stressed borrowers. But the moratorium has also raised default risks, making lenders more risk averse.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/companies-with-loan-recast-seek-moratorium-from-banks/articleshow/76180348.cms

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