#14 Explained | क्या है Loan Moratorium का मामला, जिसको लेकर जनता और बैंक दोनों दुखी चल रहे हैं | NPA
The Supreme Court on Thursday virtually extended loan repayment moratorium till September 28 as it continued the interim order directing banks not to declare any loan as NPA (non-performing asset) due to non-payment of instalments during the period. The previous deadline of the scheme, which was implemented to help borrowers tide over the Covid-19 crisis, had ended on August 31. Borrowers had been permitted to defer loan repayments for a period of six months. What is NPA and how it will affect you if your loan will be declared as NPA.
