Furquan Moharkan, DHNS, MAR 27 2020, 11:28 IST UPDATED: MAR 27 2020, 11:44 IST Representative image. (Credit: iStock Photo) In a big relief to the common man, the Reserve Bank of India (RBI) has allowed banks to defer EMIs on the term loans, including housing, personal and auto loans for three months.


Representative image. (Credit: iStock Photo)

"All banks, lending institutions may allow a three-month moratorium on all the instalment on long-term loans," RBI Governor Shaktikanta Das. READ MORE

Source: DH NEWS