The 21-day lock down to contain the COVID19 pandemic has pushed most of the business units to a standstill. While many industries remain shut down, any relief in terms of loan repayment could ease out the burden of millions of borrowers in India. The much desired relief finally arrived after RBI Chief Mr. Shaktikanta Das announced in a press conference that all banks and NBFCs can allow 3 months of moratorium period on repayment of term loans outstanding as on March 1 2020. However, there are several concerns surrounding the moratorium period as not every bank follows the same policy. Here are the answers to some of the questions that you may have in your mind.