Wednesday, January 19, 2022

Lenders to be reimbursed ₹974 cr for Pandemic loan moratorium

On March 27, 2020, the Reserve Bank of India (RBI) had announced a loan moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020, due to the pandemic, which was extended to August 31.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/lenders-to-be-reimbursed-974-cr-for-pandemic-loan-moratorium/articleshow/89007601.cms

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