Cash is king in COVID times? | Abhay Agarwal of Piper Serica PMS speaks to ET Now
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Abhay Agarwal of Piper Serica PMS in an exclusive conversation with ET Now gives his view lockdown extension to hit global supply & demand chains. 'Our belief is that the balance sheet strength will be tested first and the market is going to test the risk management skills so large caps HDFC, Kotak, Bajaj finance were focused on collections but the smaller NBFCs and banks where you can already see the moratorium increasing. That's where the scary science are and plus with the extension of the moratorium to 6 months. All that happened is that is defaults is extended for 6 months and we track collection very closely, says Abhay Agarwal of Piper Serica PMS Watch the full interview of Abhay Agarwal of Piper Serica PMS on ET Now! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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