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SC directs RBI to ensure its moratorium circular is implemented in its letter and spirit

Updated : April 30, 2020 07:28 PM IST

RBI had issued slew of measures to allow a moratorium of three months on payment of instalments
RBI said Interest shall continue to accrue on the outstanding portion of the term loans during the moratorium period.
SC directs RBI to ensure its moratorium circular is implemented in its letter and spirit

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