From Tata Power to TVS, over 320 firms queue up for moratorium breather

Topics Coronavirus | Tata Power | TVS Group

Tata Power, Piramal Enterprises, and TVS group units are among over 320 firms to have sought the moratorium on repayment of loans.   The Reserve Bank of India’s (RBI’s) regulatory package is expected to give a breather to entities, including financial sector players, to assess the impact of disruptions, and then chalk out a strategy to deal with the extended downturn.   ICRA said rated entities have sought a three-month moratorium on payments from lending institutions. These corporates have either received approval after the original due date, or are yet to re.....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.