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Wednesday, April 8, 2020

NBFC's hope for relief due to Corona's havoc, NBFC's sought relief like banks


NBFC's hope for relief due to Corona's havoc, NBFC's sought relief like banks.The 21-day lock-down caused by the rising outbreak of Corona virus has caused a lot of damage to many industries in the country, due to which the RBI made the important decision to give moratorium to banks under which 3-month EM on term loan Relieved on it.But now the question is what about the loans that people from different industries and small businessmen have taken from non-banking finance companies in the form of loans instead of banks. In such a situation, the demand has been given to NBFCs in the same manner as the meritorium has been given to the banks. Read Full News

News Source : http://zndm.news/


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