Yes bank can't declare firm NPA for non payment of loan due to coronavirus: HC

Justice Sanjeev Sachdeva, who conducted the hearing through video conferencing, took on record the statement made by the counsel for Anant Raj Ltd that it will make payment on or before April 25, the instalment which fell due as on January 1, 2020 along with the interest accrued till the date of payment irrespective of the lockdown position.

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