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The Reserve Bank of India, in March this year, offered a relief measure to the borrowers in the form of EMI moratorium on all term loans for three months till May 31, 2020. This was further extended by another three months till August 31, 2020. In total, the central bank has offered a moratorium of six-months between March 1, 2020 and August 31, 2020. Here is all you need to know about it.
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