Top Law News RBI cuts interest rates and extends loan moratorium to ramps up economic support. May 22, 2020 by Legal India Admin | Leave a Comment The Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan repayments and allowed banks to lend more to corporates in an effort to support the economy which is likely to contract for the first time in over four decades. The benchmark repurchase (repo) rate was cut by 40 basis points […] Read more ยป RBI RBI cuts interest rates RBI extends loan moratorium RBI ramps up economic support. three-month moratorium on payment of monthly instalments
