Loan moratorium: Pvt banks go for 'opt-in' option

Loan moratorium: Pvt banks go for 'opt-in' option

Most of the private sector lenders have decided to go for the "opt-in" option on loan repayment moratorium, putting the onus on the customer to take the initiative of informing the bank of their choice to go for the three-month breather offered by the Reserve Bank of India (RBI).