RBI Governor Shaktikanta Das announces extension moratorium for 3 more months - NTv
Fri, May 22, 2020, 10:59 AM
RBI Governor Shaktikanta Das has announced the extension moratorium for three more months from June 1 to August 31. It is RBI Governor's third press conference. Earlier, he held a press meet on March 27 and April 17 about the same issue.
Shaktikanta Das said the decision was made to keep in mind the extension of the lockdown amid the threat of COVID-19 all around the world. The slew of measures announced by the RBI Governor will surely provide relief to borrowers.
It is well known that the COVID-19 Pandemic has crippled the world economy.