“The pandemic has disrupted cash flows of businesses in a significant way, and since large value loan proposals are on the rise, we thought it prudent to hire agencies and check the company’s default risk and default probability,” said a lender that has hired one such agency.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/lenders-hire-specialist-agencies-to-analyse-default-probability-of-borrowers/articleshow/86417518.cms
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