Everything About Your EMI

On 27 March 2020, the RBI announced that all Indian financial institutions under its purview would offer a moratorium on loans. This applies to all EMI falling due between March 1, 2020, and May 31, 2020. The moratorium may extend for another three months. What exactly is a moratorium? A…

Stimulus Signals

The signals from the stimulus are crystal clear. It is more monetary than fiscal. Clearly, the government is trying to bet on the entrepreneurs, self-employed, farmers, rural industries, and local businesses. This seems increasingly like a Bharat driven economic recovery of India. More money will flow into rural Bharat than…

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