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  Introduction   India’s National Stock Exchange (NSE) is one of the world’s most dynamic value markets, advertising speculators introduction to a wide cluster of sectors—from data innovation and pharmaceuticals to buyer merchandise and budgetary administrations. As the Indian economy proceeds to develop, numerous retail and organization financial specialists ponder which stocks merit a put in their portfolios. Whereas there is no one ‑ size ‑ fits ‑ all reply, a taught approach that centres on essentials, valuation, and macro ‑ economic patterns can offer assistance you recognize high ‑ quality companies with solid development prospects.   Understanding the NSE Scene Metric What It Means for Investors Market Capitalization Large ‑ cap stocks (₹10,000 crore +) tend to be more liquid and less volatile, while mid ‑ caps and small ‑ caps can offer higher growth but come with greater risk. Liquidity (Average Dail...
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RBI's decision | loan moratorium period extended by 3 months, now EMI payment will be extended till August






The Reserve Bank of India (RBI) made several announcements on Friday to accelerate the sluggish economy due to the Corona transition. Giving details of the measures in a press conference, RBI Governor Shaktikanta Das said that the period of loan moratorium (deferment for repayment of a loan) is being extended by three months.

The RBI governor said that the global economy has been affected badly due to the Corona infection. Due to this, the income of the common man has also been affected. In view of this, the EMI payment exemption period is being extended until August. That is, now borrowers will not have to pay EMI till 31st August. However, this facility is voluntary and if one wishes to pay EMI, he can. The RBI has barred all commercial, regional, rural, NBFC and small finance banks from recovering EMIs of all types of term loans.

Postponing the payment of EMI will not affect the credit score of the common man. The RBI has stated that the moratorium period will not be included in the calculation of credit score. Also, accounts not paying EMI by taking advantage of Moratorium will not be declared as default. The RBI has taken this step for people who have lost cash due to lockdown. This will give them some time to pay the debt. Now getting an EMI payment exemption for 6 months does not mean that you will not have to repay the loan for this period. Rather you have to repay the entire loan. You are only allowed to pay EMI. Your EMI will resume after the end of the moratorium period.

The RBI governor had his first press conference on 27th March after the Corona infection surfaced. In this press conference, RBI allowed banks and financial institutions to postpone the term loan instalment due to corona for three months. RBI had said that they postpone the recovery of EMI of customers for three months in case of turn loans. At the same time, RBI also gave exemption to not keep it in NPA account. RBI had asked to implement the loan moratorium from 1st March.

Earlier this month, the RBI governor held a meeting with heads of several banks through video conferencing in two separate sessions. During this time, banks had told the RBI that most of the traders believe that the business is not expected to start before the last week of this month. In such a situation, they will not be in a position to pay the previously deposited interest amount after 31st May. In such a situation, banks had recommended the RBI to extend the moratorium facility by another three months.




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