Corona effect: Confusion among borrowers over 3 month pause as they get EMI reminders - Tv9
Wed, Apr 01, 2020, 07:07 PM
In a significant relief to the Banks customers amid corona crisis, as recently, the Reserve Bank has announced a slew of steps, including a three-month moratorium on loan repayments. But the real scenario is something different as the Banks customers are getting payment reminders. With this confusion prevails among customers who borrowed, and carried out other online transactions including term-plan loans and credit card amount to be paid as EMI. Some of the Banks customers have expressed their disappointment for not implementing the RBI norms.