Tag Archives: Defers

RBI Defers Loan Re-Payment By Three Months To Offset Coronavirus Impact

3-Month Relaxation Likely In Loan EMIs As RBI Eases Rules Amid Virus Crisis

The RBI governor, Shaktikanta Das also cut key policy rates at its monetary policy meet. The RBI on Friday put on hold equity monthly installment (EMI) payments on all term loans for three months as it joined the government effort to buffer the economy from the consequences of Covid-19 pandemic. …

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