Tuesday, March 31, 2020

Covid-19 in India: Banks wary of liquidity crunch

Some lenders, particularly private sector institutions, fear that if a large number of borrowers refuse to service loans, Reserve Bank of India’s measures to soften the blow from Covid-19 could fall short of requirement. In such a situation the moratorium on interest and loan repayment will more than offset the benefits of extra liquidity.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/banks-wary-of-liquidity-crunch/articleshow/74904377.cms

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