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RBI's liquidity support to NBFCs negligible: Emkay Global Research

The RBI has so far not provided any clarity on whether banks will grant moratorium to the shadow lenders on the loans they have availed

NBFCs
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The total credit outstanding from banks to NBFCs stands at Rs7.3 trillion

BS Reporter
The Reserve Bank of India (RBI) has provided liquidity support worth Rs 50,000 crore to shadow bank lenders through long term repo operations 2.0 (TLTRO 2.0), but sector needs nearly Rs 2 trillion assuming average maturity of five years, according to Emkay Global Research.

The RBI has so far not provided any clarity on whether banks will grant moratorium to the shadow lenders on the loans they have availed. However, as the banks could not reach a consensus on the issue in the meeting held by Indian Banks Association (IBA), it is expected that banks will individually take a call on