Loan moratorium treatment: CRAs may forbear default recognition where delays stem solely from lockdown or moratorium. SEBI permits CRAs, on a case by case assessment, to refrain from recognizing payment delays as default when delays arise solely from lockdown conditions or the RBI permitted moratorium, with such determinations disclosed in press releases; the relaxation also covers issuer rescheduling with investor/lender approval and remains effective for the moratorium period. SEBI further extends timelines for rating actions, press releases and website disclosures, requires best effort completion and ratification by the Rating Sub Committee, and allows an additional extension for annual and semi annual disclosures for the period ended March 2020.