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RBI: 90-Day NPA Norm Shall Exclude Moratorium Period for Standard Accounts as on March 1 - (17 Apr 2020)

BANKING

Reserve Bank of India has announced that the moratorium permitted by it on 27th March, 2020 due to COVID-19 situation can be excluded from the 90-day period for Non Performing Assets (NPA) classification of accounts which were standard as on 1st March, 2020.

Tags : RESERVE BANK OF INDIA   MORATORIUM PERIOD FOR STANDARD ACCOUNTS  

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