India under lockdown: RBI gives relief to people, EMI's puton hold
Updated: March 27, 2020 05:33 PM IST
The Reserve Bank of India has joined the fight against the coronavirus and has given relief to the people of India. RBI in a statement said: "All commercial, regional, rural, NBFCs, and small finance banks are being permitted to allow a 3-month moratorium on payment of installments in respect of all term loan EMIs outstanding on March 31."
