Covid-19 outbreak: NBFCs face twin challenges of debt repayment, cash shortage

Small and medium-sized NBFCs are most at risk due to the disruption caused by the Covid-19 outbreak. Large lenders will be able to tap RBI’s Rs 1 lakh crore targeted longer term refinancing operations window but others are likely to face a crunch. Debt of about Rs 2.5 lakh cr is coming up for redemption by June, but only large NBFCs will be able to access RBI’s TLTRO window.

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