Category RBI Moratorium

Last week, RBI the apex body that controls the issue and supply of the Indian rupee made an important announcement. This was related to the after-effects of the Covid-19 i.e. the Coronavirus that has more than 750,000 cases worldwide. With…

Reserve Bank of India governor Mr. Shaktikanta Das took a decision of allowing a 3 month moratorium on all term loans outstanding installments from 1st March 2020 to 31st May 2020. This decision will provide temporary relief to lower and…