Moratorium Extended by RBI on Loans by 3 months
In order to provide much-needed relief to the borrowers, the Reserve Bank of India (RBI) has announced- moratorium extended by RBI on loan repayment by an additional 3 months, i.e. till August 2020. This is to assist them during the financial disturbance caused due to the COVID-19 lockdown. The moratorium means relaxation to repay the … Read more