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We have adequate liquidity in all four of our NBFCs

17-Apr-2020

We have adequate liquidity in all four of our NBFCs

There will be very limited impact on affordable housing loans, most of which are backed by cash flow, and given mostly to the salaried class who have a steady income. Non-banking finance companies (NBFCs) should be given permission to open branches as the masses are in need of funds, says Thomas John Muthoot, CMD, Muthoot Pappachan Group.

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