Non-bank lenders seek to tap unused credit lines to manage liquidity - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Non-bank lenders seek to tap unused credit lines to manage liquidity

They are seeking the unused sanctioned limits even though they have not fully disbursed the funds lying with them. This is because the halt in repayment collection has dried up their cash flows, even as they haven’t received any moratorium from most banks.

from Stocks-Markets-Economic Times
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