SBI to extend moratorium to NBFCs to deal with cash flow problem

Funds Instructor08 May, 2020Finance

As per the MD Dinesh Khara on Tuesday �India�s Largest public sector lender SBI has decided to extend the Reserve Bank of India approved moratorium to the cash-stopped NBFC to help them tide over the crisis.� The RBI has allowed banks to extend the moratorium to borrowers of time interval loans of all kinds for 3 months � March, April, and May.