Sunday, May 10, 2020

FM to meet banks today to track their progress

Nirmala Sitharaman will hold a review meeting with banks. With less than three weeks for the moratorium to end, banks are seeking an extension or the launch of a one-time restructuring scheme, whereby borrowers can be given relief on repayments without the loans being classified as default.

from Times of India https://ift.tt/3cnXVrx

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