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[Breaking] RBI Governor Announces Extension Of Loan Moratorium By 3 Months From June 1

[Breaking] RBI Governor Announces Extension Of Loan Moratorium By 3 Months From June 1

The Reserve Bank of India Governor, Shaktikanta Das, on Friday announced the extension of the moratorium on term loans by another 3 months from June 1. The extension is given taking note of the fact...

22 May 2020 5:07 AM GMT
90-Day NPA Norm Shall Exclude Moratorium Period For Accounts Which Were Standard As On March 1 : RBI Governor [Read Statement]

90-Day NPA Norm Shall Exclude Moratorium Period For Accounts Which Were Standard As On March 1 : RBI Governor [Read Statement]

The Reserve Bank of India Governor announced on Friday that the moratorium permitted by it on March 27 due to COVID-19 situation can be excluded from the 90-day period for Non Performing Assets(NPA)...

17 April 2020 5:31 AM GMT