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Saturday, April 25, 2020

A 6 month financial support scheme for micro enterprises needed to ride through the pandemic

There are many ways the government can make this happen. Firstly, the NBFCs have been allowed to offer moratorium on their loans and not reflect this as a deterioration of their loan books. Secondly, the moratorium on funding to NBFCs should similarly be ensured by their Lenders and Banks, to maintain the transmission of liquidity.

from SME Sector-Small Biz-Economic Times https://ift.tt/2KA5i2S
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