Good liquidity-fix, wait for reforms: Helping MSMEs critical, but without collateral, chances of default higher

Good liquidity-fix, wait for reforms: Helping MSMEs critical, but without collateral, chances of default higher Given how they have been reluctant to lend to the weaker NBFCs and MFIs, the 20% partial guarantee scheme, for a targeted amount of Rs 45,000 crore, might be slow to take off, unless RBI offers some kind of forbearance. Source: TFE