Good liquidity-fix, wait for reforms: Helping MSMEs critical, but without collateral, chances of default higher

Given how they have been reluctant to lend to the weaker NBFCs and MFIs, the 20% partial guarantee scheme, for a targeted amount of Rs 45,000 crore, might be slow to take off, unless RBI offers some kind of forbearance.

from The Financial Express https://ift.tt/2Z2dstw
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