Moratorium and restructuring
September 2, 2020
Subject: Economy Context: The Centre informed the Supreme Court that moratorium on repayment of loans allowed during the Covid-19 crisis can be extended by up to two years. Concept: On 27th March, 2020, the RBI announced a three-month moratorium (1st March to 31st May) on loan and card repayments. Again extended for three months till 31st During moratorium the customer does […]