RELIEF TO CREDIT SOCIETY BORROWERS AS GOVT GIVES 3 MONTHS MORATORIUM_Prudent Media Goa
Description
Credit societies borrowers, who have taken a loan of Rs 5 to 10 lakh, will heave a sigh of relief as the Cooperation ministry has announced a three-month moratorium. It means that the debtors can pay their instalments for the month of March, April and May; at the end of the full loan amount. The ministry has also barred all credit societies from announcing the dividend for next two years on account Covid-19 pandemic.
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