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Unlock BFSI 2.0: Economy reviving, no need to extend moratorium, say SFBs

Heads of top small finance banks stress on the need to be more flexible in the current scenario and back 'emotional banking'

BFSI webinar
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BS Web Team New Delhi
The heads of some of India's top small finance banks on Wednesday said that things now were looking up for the sector after the lifting of coronavirus-induced lockdowns, and that they would get even better in the coming days.
 
Speaking at the third session of Business Standard’s six-part Unlock BFSI 2.0 webinar series, they also said the Reserve Bank’s (RBI's) decision to allow a moratorium on loan repayments was a step in the right direction and people were not misusing it, but they agreed that there was no need to extend it beyond August as the economy was now

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