PNB, India Infoline offer top-up loans, but without moratorium

The RBI has let financiers grant a moratorium to accounts in default but standard (non-payment in 30 to 90 days bucket). In such cases, the lender will have to make provision of at least 10% spread over March and June quarters, with not less than 5% in each quarter.

from Banking/Finance-Industry-Economic Times https://ift.tt/2YeTf37