Recents in Beach

Top rated companies want to defer loan repayments

In an indicator of the cash flow problems faced by industry, a host of blue chips, a couple of triple-A-rated companies and those belonging to top business groups have sought relief on loan repayment. The fact that these companies have availed an RBI-permitted moratorium, where borrowers have to repay all dues in June 2020, is seen as an indication that they are not generating enough cash during the lockdown.



April 27, 2020 at 04:00AM

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