Lockdown impact: Support needed to borrowers until cash flows improve, says bankers

"Repayment of loans is done from cash flows. This problem might creep into the second quarter as well. So there is need for forbearance and support," Basu said. Despite the RBI announcing regulatory forbearance measures like moratorium on repayment of loans, the borrowers are acting cautiously due to the cost involved.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3hb53JV