The company last month raised $4.5 billion, including a $3.15 billion asset-based loan to keep its business running as stores reopened., , macys, Covid 19, lockdown, Bloomingdale's

The pandemic has taken a heavy toll on automakers globally and piled pressure on Tata Motors, which has been trying to improve JLR's cash flows by reining in costs after geopolitical and regulatory challenges hurt the British carmaker's sales

As per experts, RBI is yet to clarify on the type of personal loans that are eligible under this recast that aims to cushion the pandemic's blow on struggling businesses and households. Veteran banker Sanjay Thakur, who heads strategy at one of India's leading…