 "bad debts, bad loans, stressed assets, banks")
Lenders will seek extension of the moratorium on loan repayments beyond June as part of a comprehensive package to support borrowers and revive the economy.
The Reserve Bank of India had on March 27 allowed banks and finance companies to offer a moratorium of three months on payment of instalments of all term loans outstanding as on March 1. This was done in light of the impact of the coronavirus disease (Covid-19). Now, subsequently the nationwide lockdown has been extended till May 3 on Tuesday by Prime Minister Narendra Modi.
Senior bankers said it would get tougher for banks as the
