Covid-19 in India: Banks wary of liquidity crunch - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 31 March 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 Banking/Finance-Industry-Economic Times
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