Borrowing money

EXTENSION OF LOAN MORATORIUM WILL HELP REMEDY CASH FLOW DISRUPTIONS: SBI CHIEF

Reserve Bank of India’s (RBI) three-month extension of the moratorium on outstanding loans will help alleviate borrower cash flow disruptions despite lack of one-time debt overhaul relief, Rajnish said Kumar, president of the State Bank. of India (SBI). Kumar’s statement came shortly after RBI Governor Shaktikanta Das announced a 40 basis point (bp) repo rate […]