Can Moratorium will be Extend till December 2020?

Can Moratorium will be Extend till December 2020?

There is bunch of queries regarding the extension of Loan Moratorium.

Right Now there is no official announcement from the Government and the RBI (Reserve Bank of India).

As per RBI (Reserve Bank of India) and other stakeholders, whether such an extension is possible till the end of this year as officials said.

There is no decision on it yet, but the RBI thinking for the extending the period up to December 31st.

But recently HDFC Chairman Deepak Parekh and DK Mittal suggested to RBI not to extend the Morotoriume Period.

As they are saying, people are a misuse of this Moratorium Benifits.

also, some big private sector banks and NBFCs not agree for the extend.

most of the people are supporting for this decision as people still suffering from job losses.

Earlier Indian prime minister declared 2lacs crore of relief package to the nation.

But there is still lots of questions in public’s mind as middle class salaried persons are Deprived of this relief package.

So the nation wants to know the about fund which is raised in PM Fund.

For moreabout the moratorium click here

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