Tuesday, April 7, 2020

Covid-19 relief: Lenders want SBI to include NBFCs under moratorium

The moratorium allows deferral of loan interest servicing and repayment for three months. The Reserve Bank of India (RBI) notification and the subsequent FAQ from the industry lobby IBA does not specifically exclude NBFCs from the moratorium.

from Banking/Finance-Industry-Economic Times https://ift.tt/34iv2tL

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