Last week when the RBI permitted banks to allow a moratorium of three months on payment of instalments on all term loans, PSBs started announcing an automatic deferral of instalment for all

Various research firms and rating agencies have estimated that economic activities during the lockdown period would drop to 20-30 per cent level, and since two-thirds of the lockdown period falls in April, the impact would be visible more in the May

Only 5-6 restaurant chains have enough cash reserves to sustain more than a month, the sector will need government's help if there's no improvement after May

India coronavirus latest coverage live: According to Ministry of Health and Family Welfare, the total confirmed cases of coronavirus, as on April 1, 2020, 7:30 pm, stand at 1,834

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