RBI Governor can give relief on loan moratorium. If this happens, then those submitting EMI can get relief.
New Delhi. RBI Governor Shaktikant Das is holding a press conference amidst the second wave of Corona. Speaking at this press conference, he said that the second wave of Corona has affected the economy on a large scale. The RBI is keeping an eye on the conditions related to this. A big step is needed against the second wave. Addressing the media, he said that the economy had started showing recovery after the first wave of Corona, but the second wave has once again created a crisis.
The government is accelerating vaccination. He further said that there are signs of recovery in the global economy. Talking about India, the Indian economy also seems to be recovering from the pressure. A good monsoon further increases the demand for rural demand. Slowing is also seen in manufacturing units. The tractor segment seems to be on the upswing, though there is a decrease in auto registrations in April.
Let us know that the outbreak of the second wave of Corona is increasing. More than 3.50 lakh new cases of corona are coming to the country every day. At the same time, more than 3400 people have died from corona in the last 24 hours. Meanwhile, at 10 am today, Reserve Bank of India (RBI) Governor Shaktikanta Das is addressing the media. This morning, the information has been tweeted by the RBI.
According to the media report, the RBI governor can give relief on loan moratorium. If this happens, then those submitting EMI can get relief. Earlier, a media report said that the bankers of the country have requested the central bank to declare a three-month loan moratorium on loans given for retail and small businesses. Along with this, some other reliefs have also been announced.