CASH CRUNCH | Borrowers Get Additional 60 Days ...

CASH CRUNCH | Borrowers Get Additional 60 Days To Repay Loans (Loans. Peronal Loans, Home Loans, Cash Credit.....)

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Deal Subedar
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RBI gives additional 60 days for repayment of housing, car, farm loans up to Rs 1 crore.
It is applicable to loans payable between November 1 and December 31

RBI has provided some relief to small borrowers and firms struggling to make repayments on their loan dues due to a shortage of cash. In a press release issued on Monday, the RBI offered an additional 60-days to certain categories of borrowers to make good on their dues. The relief extends to non-banking finance companies (NBFCs) and microfinance institutions (MFIs) which have seen collections fall sharply due to the shortage of currency.

http://economictimes.indiatimes.com/wealth/borr...

http://www.moneycontrol.com/news/business/new-l...

http://timesofindia.indiatimes.com/business/ind...

http://indianexpress.com/article/business/banki...

http://www.hindustantimes.com/india-news/demone...

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Cahdl6yugaa9hju
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Source ?

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Deal Subedar
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badal01 wrote:

Source ?

http://economictimes.indiatimes.com/wealth/borr...

http://www.moneycontrol.com/news/business/new-l...

http://timesofindia.indiatimes.com/business/ind...

http://indianexpress.com/article/business/banki...

http://www.hindustantimes.com/india-news/demone...

Missing