HomeNewsIndia NewsThe moratorium may not be extended; Banks to restructure the loan

The moratorium may not be extended; Banks to restructure the loan

rbi moratorium

Mumbai: Banks have taken steps to restructure loans amid indications that the moratorium imposed on COVID may not be extended. The loan repayment period will be extended for two years. Accordingly, the monthly repayment amount will be reduced.

The six-month moratorium was imposed as a temporary relief to those struggling to repay loans due to COVID. However, the RBI said extending the moratorium would not be beneficial. Instead, the RBI has allowed banks to restructure loans. Banks can extend the loan repayment period for up to two years. Besides, those who qualify will receive a moratorium on interest.

The interest in the moratorium period must be paid by next March. Besides, a repayment period of six months will be given later. Anyone who has taken an education or home loan can restructure the loan. The restructuring process should begin by December 31. This also applies to loans taken from co-operative banks.

- Advertisment -

Must Read

parvathy thiruvothu random photoshoot photos 014

Parvathy Thiruvothu

0
Parvathy Thiruvothu Photos, Pictures & Parvathy HD Images - Parvathy Thiruvothu is an Indian movie actress, who appears in South Indian movies mainly in...
nithya menon in peach colour dress photos

Nithya Menen

deepti sati in jeans and printed crop top dress photos 006

Deepthi Sati

bhavana in parrot green colour churidar photos 003

Bhavana

eskort mersin -

web tasarım

-

seo

- Antalya iş ilanı - deneme bonusu veren siteler - deneme bonusu veren siteler -
deneme bonusu veren siteler
-
Antalya vip transfer
- buy youtube views - takipcimx - postegro - Goley90 - postegro - HDFilm.TV.TR - buy twitter followers - instagram takipçi hilesi - sahabet - igtools - igfollower - instagram gizli hesap görme - Aviator oyna - buy instagram followers - rotterdam loodgieter - Cinsel sohbet - instagram takipçi satın al - toscanello puro satın al - bot viewer - Kablo geri sarma ürünleri - instagram gizli hesap görme - Twitch view bot - onwin güncel adres - casino - Venusbet - likit - Vbet - Fixbet - Starzbet - eta saat - Twitch viewer bot - vozol - Betosfer - instagram video download - aviator - Ton Sniper Bot - omegle -

Venusbet güncel

- Takipçi satın al - SOL sniper bot -

vozol puff