The biggest lesson from the pandemic is to have a strong balance sheet. A strong balance sheet with healthy debt-to-equity ratios can absorb higher provisioning and will allow access to liquidity even in challenging markets.source https://economictimes.indiatimes.com/industry/banking/finance/banking/liquidity-position-of-nbfc-sector-is-improving-jm-financial-md/articleshow/85985261.cms
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