IBA to discuss the issue of giving a moratorium to NBFCs on Saturday
A senior executive of a public sector bank said the IBA's management committee meeting would discuss the issue of giving a moratorium to finance firms.
 "IBA to discuss the issue of giving a moratorium to NBFCs on Saturday")
premium
Lenders are likely to take a collective view on granting a moratorium to non-banking financial companies (NBFCs) on Saturday at the top decision-making forum of industry lobby group Indian Banks' Association (IBA).
A senior executive of a public sector bank said the IBA’s management committee meeting would discuss the issue of giving a moratorium to finance firms.
“Individually, a lot of lenders would like to give forbearance to finance companies. Still, we would like to hear out the country's largest lender (State Bank of India),” the executive said.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%