Economic package for NBFCs, MSMEs needs speedy implementation: India Ratings1 min read 20 May 2020, 10:05 AM IST
Lower-rated NBFCs are not active in the bond market and hence investments through non-convertible debentures could create challenges
Given the urgent need of funds for MSME sector, the modalities of equity infusion can be time consuming
MUMBAI : Speedy implementation of the economic package announced by finance minister Nirmala Sitharaman would be key in providing relief to non-banking financial companies (NBFCs) and micro, small and medium enterprises (MSMEs), said rating agency India Ratings and Research (Ind-Ra).
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