Crisil fears large companies will benefit from RBI sops for contact-intensive sectors

Earlier in the day, the RBI relaxed the eligibility criteria for the restructuring window offered under the Resolution Framework 2.0 to Rs 50 crore. Earlier, only half of the rated companies were eligible for the package when the loan eligibility threshold was set at Rs 25 crore. It also launched the Rs 15,000-crore liquidity facility.

from Economy-News-Economic Times https://ift.tt/3fRgpVB