Sunday, May 22, 2022
Science and Tech
Covid 2.0 unleashes credit stress for MFIs, small NBFCs
A report by Acuite Ratings said that collection efficiencies which were seen recovering above 90 per cent in Mar-21 have dropped to between 65-85 per cent levels during Q1FY22.
Supreme Court declines to pass order on moratorium amid Covid 2.0
The bench emphasized that it is for the government to assess the situation and take appropriate decisions.
Let the wheels of economy roll
Creating safe working zones is necessary, for it is not possible to perpetually fear and abstain from livelihood activities
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