NBFC-MFIs seek clarity from RBI on 3-month moratorium on loans

RBI seeks data on drawdowns, bank loans, exposure to NCDs and CPs

Hamsini Karthik | Mumbai
Last Updated at April 7, 2020 22:57 IST

Senior MFI executives contend that while they have extended the moratorium to their customers, the same hasn’t been extended to them by some of their lenders.

Non-banking financial companies operating as microfinance institutions (NBFC-MFIs) have sought clarity from Reserve Bank of India (RBI) on whether they are eligible for the three-month moratorium on loan repayments announced by the central bank on March 27.

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