NBFCs seek ‘essential services’ tag to keep offices open partially

Non-bank lenders have been included in essential services by the central government in an order passed in April 2020. NBFCs specifically cater to to the small truck or commercial vehicle operators, ,farmers, medium and small enterprises and the lower strata of society who don’t have access to digital platforms to carry out daily transactions.

from Markets-Economic Times https://ift.tt/3wp6iOd