04.29.20

Many businesses unable to repay their loans due to lockdown

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Compared to other countries in the world, india had one of the most stringent lockdowns. Most of the businesses were closed, and had zero revenues during the lockdown. Even after the lockdown was relaxed, many businesses are not functioning normally.
With low or no revenues they are not able to repay their loans on time, and may have additional interest expenses.

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