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Banks divided over moratorium relief for NBFCs; to approach RBI for clarity

Updated : April 18, 2020 09:37 PM IST

With no clear consensus, the Indian Banks Association (IBA) has now decided to approach the regulator for its directions on the matter.
The largest bank in the country State Bank of India is not in favour of granting moratorium to NBFCs.
Banks divided over moratorium relief for NBFCs; to approach RBI for clarity

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