Coronavirus: Some PSU banks defer payment of EMIs on term loans

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In the view of coronavirus outbreak, some of the PSU banks have decided to give some relief to its customers regarding payments of instalments and interests on term loans.

Also read: Confusion prevails among borrowers over three-month moratorium as many get EMI reminders

Multiple PSU banks have decided to provide a moratorium of three months on payments of instalments and interest on term loans falling due between March 1 to May 31.

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