Thursday, July 16, 2020

Non-banking finance companies seek special fund for small and medium-size peers

Non-bank lenders are also seeking that banks be advised to show leniency towards the financial covenants related to profit and loss accounts along with a carve-out for small and medium NBFCs in the sectoral caps prescribed for the segment.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/non-banking-finance-companies-seek-special-fund-for-small-and-medium-size-peers/articleshow/77010155.cms

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