With SBI saying ‘no’, banks divided on relief to NBFCs

Some private and foreign banks have come forward to give forbearance on repayments till May 31, but state-run banks haven’t moved so far, and even those, which did so, are rowing back on the granted moratorium, said people who did not want to be identified for fear of reprisal.

from Banking/Finance-Industry-Economic Times https://ift.tt/2RzL0ul