No problem in getting loan, watch RBI's big announcements

Aaj Tak
Aaj Tak
  • 4 years ago
The RBI made some big announcements on Friday. RBI said that, loans given by NBFCs to real estate companies to get similar benefit as given by scheduled commercial banks. RBI Governor says, 90-day NPA norm not to apply on moratorium granted on existing loans by banks. Financial relief for MSME and others may include extension of moratorium on working capital loans. The RBI may focus on NBFCs and greater cheaper credit flow for businesses. Watch video.

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