Reserve Bank of India governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis. In March, the central bank had allowed a three-month moratorium on payment of all term loans due between March 1, 2020, and May 31, 2020.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ZsLJCw
