The Reserve Bank of India (RBI) has allowed three-month moratorium on bank term loans and working capital finance offered by it. To this end, RBI has allowed banks to put on hold equated monthly installments (EMI) payments on all term loans for three months, slashed the cost of fresh borrowing by cutting policy interest rate … Continue reading RBI moratorium on loan repayments likely to offer short term respite; telcos to opt for EMI moratorium, tariff to remain stable, says COAI