RBI may not extend Moratorium
Latest News Suno
- 95 views
- 29 Aug 2020
The RBI is unlikely to extend the moratorium on repayment of bank loans beyond August 31. As an extension could impact the credit behaviour of borrowers. Without resolving the issues being faced by them following the outbreak of the coronavirus pandemic, sources said.
The RBI had announced a moratorium on repayment of debt for six months beginning March 1, 2020.
Transcript
Editor's Note: This transcript was automatically transcribed, so mistakes are inevitable. You can contribute by proofreading the transcript or highlighting the mistakes. Sign up to be amongst the first contributors.
The RBA is unlikely to extend the moratorium on repayment of bank loans beyond August 31st as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the coronavirus pandemic. Sources said the RBI had announced a moratorium on repayment of debt for six months beginning March 1st, 2020. Thanks for listening to the latest news. Tuno download the free latest news Tuno app to listen news in less than 60 seconds.