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Monday, May 18, 2020

Lenders see a payment recover as economy restarts

Small entrepenuers who had earlier opted for a moratorium on repayments are now paying a portion of their dues as the cash flow begins to improve for them with businesses opening up slowly, said bankers. Even salaried credit card borrowers are opting to pay installements as they seek to use their cards more often which is not possible if they opt for a moratorium.

from Banking/Finance-Industry-Economic Times https://ift.tt/2LR2r6B

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