NBFCs, MFIs to See Rs 50,000-60,000 Crore Funding Gap on Lack of Moratorium: Report in Top Business News- News18.com published on April 24, 2020 leave a reply The RBI has provided a three-month moratorium to all borrowers, for March-May, but not all banks are not likely to grant such a moratorium for their NBFC or MFI borrowers. from Top Business News- News18.com https://ift.tt/2Y8ul50 Tweet Share Share Share Share Previous Post Sensex Slumps 536 Points Amid Economic Pressure of Covid-19 Lockdown, Financial Stocks Lead Fall Next Post Industry Dialogue: Remote Working Means Companies Spend Less on Office Space And Infrastructure post written by: Rohit Related PostsAsian stocks slip as U.S. stimulus doubts mountAsian stocks slipped on Wednesday on growing uncertainty over whether U.S. lawmakers would strike an agreement on an additional round of big fiscal stimulus to … Continue ReadingABN Amro quits trade and commodity financing in corporate bank overhaulDutch bank ABN Amro said on Wednesday its investment bank will end all trade and commodity financing operations, as the unit's focus turns solely to Northwest E… Continue ReadingUK Economy Shrinks by Record 20% in Second Quarter Amid Covid-19, Unemployment Fears MountOfficial figures published on Wednesday also showed the world’s sixth-biggest economy entered a recession as it shrank for a second quarter in a row. … Continue ReadingOil rises after bigger-than-expected drop in inventoriesOil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts expected, bolstering hopes that fuel… Continue ReadingUK economic output collapses by record 20% in second quarterBritain's economy shrank by a record 20.4% between April and June, when the coronavirus lockdown was tightest, the largest contraction reported by any major eco… Continue Reading
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