August 6, 2020
“As we see, RBI has been taking measures to alleviate liquidity crunch and help revive growth. The decision of restructuring stressed MSME is timely. The creation of innovation hub will leverage new capabilities and strengthen the economy.
The resolution framework for COVID-19-related stress which enables the lenders to implement a resolution plan for eligible corporates is also a step in the right direction.”
– Rajiv Agarwal, MD & CEO – Essar Ports