Wednesday, April 1, 2020

Ministry of Finance issues FAQs on RBI’s moratorium on EMI

Last week, the Reserve Bank of India has announced a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as on working capital facilities. Now, The Indian Banks Association has answered a list of Frequently Asked Questions about the technicalities of the moratorium.

from taxmann.com News https://www.taxmann.com/topstories/222330000000020543/ministry-of-finance-issues-faqs-on-rbi’s-moratorium-on-emi.aspx

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