Vinod Kothari finserv@vinodkothari.com The global economy, as also that of India, is passing through a systemic disruption due to the COVID crisis. The Reserve Bank of India in its Seventh Bi-monthly Monetary Policy Statement 2019-20 dated March 27, 2020[1] has permitted banks and non-banking financial institutions to provide a moratorium to borrowers for a period … Continue reading Consensual restructuring of debt obligations, due to COVID disruption, not to be taken as default, clarifies SEBI
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