RBI gives extra 30 days to repay loans in some categories
The RBI in its notification issued on Wednesday provided additional 30 days relaxation in addition to the 60 days relief provided earlier to loan borrowers.
Earlier through a notification issued on Nov 21, the RBI had provided 60 days extra for agricultural, housing as well as personal loans with an original sanctioned amount of Rs. 1 crore or less.
The Centre on Nov 8 banned old Rs. 500 and Rs. 1000 currency notes.
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