 "IDBI Bank")
Private lender IDBI bank offered a relief to borrowers to mitigate the burden of debt servicing brought about by disruptions on account of coronavirus pandemic. The bank granted a moratorium on three installments of term loans for three months till May 31, 2020.
The lender has sent a communication to its customers that they were being offered a moratorium.
Good news to all our valued customers! To know more, please read the FAQs regarding the moratorium of three instalments of the Term Loans here: https://t.co/EKIeBfHA0y @RBI @DFS_India
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