45% customers have opted for loan moratorium: Finway
Finway, a Delhi-based NBFC, says 45% of all its borrowers have applied for loan moratorium. This behavior, however, is more distinctly...
Banking
How countries are shielding businesses from insolvency in times of Covid-19
Even as India’s central bank – Reserve Bank of India (RBI) – on today announced a slew of measures to...
New resolution plan offers additional credit, tenure extension, debt conversion facilities to corporate debtors
The separate resolution plan for corporate borrowers announced by the Reserve Bank of India (RBI) today will have steps like...
Banks can restructure loans of covid-hit MSMEs without asset downgrade
Existing loans to MSMEs facing stress due to Coronavirus-related restrictions could be restructured without a downgrade in the asset classification....