Nearly 60% Of NBFC Customers Have Opted For The Loan Moratorium
Reeling under tight liquidity conditions, NBFCs and HFCs begin relying on loan sell-downs to banks to raise funds. (Photographer: Dhiraj Singh/Bloomberg)

Nearly 60% Of NBFC Customers Have Opted For The Loan Moratorium

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Non-bank lenders have provided a loan moratorium to over 60% of their customers, leaving the eventual asset quality of loan portfolios under a cloud until end of August.While the Reserve Bank of In...