Tamil Nadu Chief Minister MK Stalin has requested Union Finance Minister Nirmala Sitharaman to provide a moratorium on loan repayment for small businesses, particularly to those people who were affected by the Cyclone 'Michaung' that hit the state earlier this month.
New Delhi [India], April 6 (ANI): Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to remain monitorable, ICRA Ratings has said.
Singapore, June 1 (ANI): The extension of a moratorium on loan repayments to their customers until September 1 is credit negative for the liquidity profile of non-bank financial institutions (NBFI), according to Moody's Investors Service.