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RBI's EMI Moratorium: If you have the money, pay up, because it is not exactly relief

Updated : March 30, 2020 08:52 AM IST

Banks have the right (but not the obligation) to allow a moratorium of three months.
It’s a cash flow relief. Not an interest waiver. Interest waivers have to be given by the government, not the RBI.
RBI's EMI Moratorium: If you have the money, pay up, because it is not exactly relief

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