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rbi Moratorium Tag

Financial Planning

RBI’s 3 month EMI Moratorium: 360 degree view

byfintooApril 1, 2020

Governor Shaktikanta Das had announced a 3 months moratorium on retail loans during a monetary policy presser along with the massive rate cuts to give some relief to the borrowers in this global pandemic crisis. But immediately after this announcement, the borrowers were puzzled as to how will it impact their EMIs and what should they ideally do? In this article we will try to provide you...