Monday, May 4, 2020

RBI may extend moratorium on loans by another 3 months

Income stream will not resume due to the continuation of nationwide lockdown, the sources said, adding that so many entities and individuals will be unable to service their debt in this circumstances at the end of the present moratorium period ending on May 31.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-may-extend-moratorium-on-loans-by-another-3-months/articleshow/75538216.cms

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