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Yet Another Moratorium by RBI!? Should you Avail?

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To control the spread of coronavirus, the government has extended the lockdown in the country for further two weeks till May 17. Due to this extension, RBI is considering the proposal for extending the moratorium for bank loans by another 3 months. This move is going to help a lot of borrowers who have been impacted by the nationwide lockdown. If the moratorium is extended even banks will be benefited along with the borrowers. Mr. C S Sudheer has explained everything you need to know about the moratorium on loans

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