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


Crisil fears large companies will benefit from RBI sops for contact-intensive sectors
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Last Updated: Jun 04, 2021, 10:52 PM IST
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Synopsis
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.
PTI
Leading domestic ratings agency
Crisil on Friday said feared risk aversion among banks may lead to only the large companies benefitting under the Rs 15,000-crore on-tap liquidity window for contact-intensive sectors announced earlier in the day. The Reserve Bank of India s (RBI) aggregate debt-eligibility thresholds for small enterprises to avail loan recasts takes the total number of entities able to access the facility to two-thirds of the rated mid-size portfoli ....

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Crisil fears large cos to benefit from RBI sops for contact-intensive sectors

Crisil fears large cos to benefit from RBI sops for contact-intensive sectors
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