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⚡RBI Governor Shaktikanta Das Says Banks Can Decide on Offering 3-Month Moratorium to NBFCs

By Saurav Mukherjee

Reserve Bank of India Governor Shaktikanta Das said on Monday that the decision to extend the three-month moratorium benefit on March 27 to the Non-Banking Finance Companies (NBFCs) is entirely up to banks. Das of the opinion that each bank has to assess its own liquidity position, capital adequacy and its own financials.

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