It is logical to provide NBFCs moratorium. They are extending it to their customers. If not it will lead to severe distress in the sector due to cash flow issues.
Can banks give moratorium to NBFCs/MFIs? @RBI Mar 27 note says all banks, co-op banks, fin institutions & NBFCs/HFCs will offer 3-month moratorium to all borrowers. NBFCs are banks' borrower. Then, isn't it automatic? Or, up to banks if they want to offer to real sector only?