 "NBFC")
NBFCs are likely to face liquidity challenges due to lack of clarity on the applicability of the Reserve Bank's moratorium on their bank loans, says a report. IndiGo will discontinue on-board meals when it resumes flights after the national lockdown ends. Here are the events which made it to the headlines today:
NBFCs to face liquidity crunch on lack of clarity on RBI moratorium: Crisil
According to a report by rating agency CRISIL, NBFCs face a double whammy because they are offering moratorium to customers despite not getting one themselves from their lender-banks. Read
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