Business 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.