Wednesday, April 1, 2020

Moratorium plan: Borrowers unlikely to get significant gains; banks to charge interest later

Tha RBI notification had said "the repayment schedule for such loans as also the residual tenor, will be shifted across the board by three months after the moratorium period. Interest shall continue to accrue on the outstanding portion of the term loans during the moratorium period".

from Banking/Finance-Industry-Economic Times https://ift.tt/2X194Km

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