
Loan moratorium extension: Everything you should know about impact and process | Mint
Source: Live Mint A loan moratorium is a period during which debtors are protected from having to pay Equated Monthly Instalments (EMIs) and other repayments. It temporarily suspends the repayment of a loan. However, the specific terms of a loan moratorium can vary significantly depending on the lender, the type of loan, and the circumstances…