NBFCs ask RBI for one time restructuring of all loans till March 2021

NBFCs ask RBI for one-time restructuring of all loans till March 2021. Because borrowers are facing funding issues with the COVID-19 lockdown. The measure was suggested by the industry players in their meeting with the RBI. RBI had already allowed the facility for loans to MSMEs till December 2020. NBFCs want that the same to be allowed for all other borrowers as well. The most affected segments include transport operators, contractors and MSMEs.

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