You are here: Home » Finance » News » NBFCs

Covid-19: MSMEs cautiously welcome RBI measures, exporters want more

Business Standard

RBI promises liquidity support to NBFCs, MFIs dealing with cashflow issues

RBI has put the ball in banks' court on the moratorium issue

Lockdown | Coronavirus | RBI

Subrata Panda & Namrata Acharya  |  Mumbai 

The RBI did not provide any clarity on the issue of moratorium to NBFCs, MFIs from the banks on loans availed by them

The Reserve Bank of India (RBI) on Friday said it will conduct targeted long-term repo operations 2.0 (TLTRO 2.0) to provide the much-needed liquidity support to the shadow banking sector that has been hit hard in the ongoing health crisis and the subsequent nationwide .



What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, April 17 2020. 19:01 IST