Tuesday 9 June 2020

Moratorium Impacting Credit Culture? | CIBIL To ET NOW by ET NOW

Moratorium Impacting Credit Culture? | CIBIL To ET NOW

Video description:
The govt and RBI measures of Rs 3 lakh crore collateral-free loan is a substantial move for MSMEs all across India. NPA rates range ~8-9% to 17% depending on the various MSME segments. Therefore, we believe that retail loans will get impacted only if there are extensive job losses. As economy unlocks, Rajesh Kumar, MD & CEO, TransUnion CIBIL believes that the moratorium will certainly help MSMEs preserve their cash flows and he doesn’t see high NPAs from this segment; he also said that Retail loans will get impacted only if there are extensive job losses and salary cuts. Watch the video to know more! 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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