SBI, HDFC, ICICI, Axis Banks Announce 3-Month EMI, Credit Card Payment Moratorium

After the announcement of RBI, India's top banks have decided to provide a 3-month moratorium on its credit card and EMI payments.

Now, the clients can wait for the next 3 months to provide their next payment.

Some of the top banks that have provided this relief to their clients are:
Following Banks
1. State Bank of India
2. HDFC Bank
3. ICICI Bank
4. Punjab and Sindh Bank
5. IDBI Bank
6. Canara Bank
7. Andhra Bank
8. Indian Bank
9. UCO Bank
10. Syndicate Bank
11. Indian Overseas Bank
12. Bank of Baroda
13. Central Bank of India
14. Oriental Bank of Commerce
15. Punjab National Bank
16. Allahabad Bank
17. Bank of India
18. Union Bank of India
19. Corporation Bank
20. UCO Bank

Here CA Ishant Juneja, Founder Rrayze Business Solutions explains you the whole news at length.