90 extra days for borrowers to repay loans due till Dec 31
The RBI on Wednesday gave borrowers 30 more days after the 60-day extension to repay housing, farm and other loans up to ₹1 crore. The relaxation will apply to dues payable between November 1 and December 31, RBI said. The government had introduced multiple restrictions on transactions after demonetisation was announced, reportedly affecting cash circulation.