RBI reduces the rate, extends the loan relief : RBI
RBI Announcements: RBI reduces the rate, extends the loan relief Term loan moratorium extends to August 31, 2020– The debt moratorium will be continued to August 31, 2020. Which gives it a six-month moratorium. Interest deferral on working capital– Interest on working capital is deferred by another 3 months, i.e. until 31 August 2020. Conversion …