EMI में 6 महीने तक की छूट | 6 EMI Moratorium Extension by RBI | RBI Key Announcement
In this video i describe about the KEY ANNOUNCEMENT by RBI.
Repo Rate 4.40 to 4.00
Reverse Repo Rate 3.75 to 3.35
MSF/ Bank Rate 4.65 to 4.25
Moratorium extended from June1 to August 31.
1500 Crore to Exim bank to avail US Dollar SWAP facility.
Maximum permissible period of Pre and Post shipment of credit increased from 12 months to 15 months.
RBI EMI moratorium extend
The Reserve Bank of India RBI announced an extension of the moratorium on loan EMIs by three months, August 31, 2020. The earlier three-month moratorium on the loan EMIs was ending on May 31, 2020. This makes it a total of six months moratorium on loan EMIs starting from March 1, 2020.
The extension of three-month moratorium on repayment of term loans by borrowers means that they would not have to pay the loan EMI instalments during the moratorium period.
Please see complete video.
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Rahul Sachan
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#RBIMoratorium
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