<p>In view of the COVID-19 lockdown, the Reserve Bank of India (RBI) has extended the moratorium on payment of term loan till August 31. </p>.<p>An announcement to this effect was made today by Reserve Bank of India (RBI) Governor, Shaktikanta Das.</p>.<p>On March 27, the Reserve Bank of India had permitted banks to grant a moratorium of three months on payment of instalments for term loans. </p>.Supreme Court asks RBI to ensure banks implement its COVID-19 three-month moratorium policy in letter and spirit.<p>Last week, the Supreme Court issued notice and sought reply from the Centre and RBI on a plea filed by an Association of Private Real estate developers seeking a clarification on the RBI's circular of March 27 as regards moratorium on term loans.</p>.Supreme Court seeks reply from Centre, RBI on CREDAI's plea for clarification on RBI circular on moratorium
<p>In view of the COVID-19 lockdown, the Reserve Bank of India (RBI) has extended the moratorium on payment of term loan till August 31. </p>.<p>An announcement to this effect was made today by Reserve Bank of India (RBI) Governor, Shaktikanta Das.</p>.<p>On March 27, the Reserve Bank of India had permitted banks to grant a moratorium of three months on payment of instalments for term loans. </p>.Supreme Court asks RBI to ensure banks implement its COVID-19 three-month moratorium policy in letter and spirit.<p>Last week, the Supreme Court issued notice and sought reply from the Centre and RBI on a plea filed by an Association of Private Real estate developers seeking a clarification on the RBI's circular of March 27 as regards moratorium on term loans.</p>.Supreme Court seeks reply from Centre, RBI on CREDAI's plea for clarification on RBI circular on moratorium
