https://www.taxtmi.com/news?id=24306 Temporary measures included a moratorium on term and crop loans through 31st August 2020 with continuation of Interest Subvention and Prompt Repayment Incentive; moratorium was not extended thereafter. Loans for allied activities were permitted to be restructured under the Resolution Framework for COVID-19 Related Stress, allowing moratoriums and other relief. RBI's disaster relief directions enable automatic restructuring, fresh credit, relaxed security/margin norms and moratoria upon official calamity declaration, with a lowered relief trigger of 33% crop loss. NABARD provided an additional Special Liquidity Facility to rural lenders and NBFC MFIs to support post harvest and sowing credit at concessional rates. en-us Mon, 02 Aug 2021 18:16:44 +0530 Mon, 02 Aug 2021 18:16:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24306 Temporary measures included a moratorium on term and crop loans through 31st August 2020 with continuation of Interest Subvention and Prompt Repayment Incentive; moratorium was not extended thereafter. Loans for allied activities were permitted to be restructured under the Resolution Framework for COVID-19 Related Stress, allowing moratoriums and other relief. RBI's disaster relief directions enable automatic restructuring, fresh credit, relaxed security/margin norms and moratoria upon official calamity declaration, with a lowered relief trigger of 33% crop loss. NABARD provided an additional Special Liquidity Facility to rural lenders and NBFC MFIs to support post harvest and sowing credit at concessional rates. News - Mon, 02 Aug 2021 18:16:44 +0530 https://www.taxtmi.com/news?id=24306