COVID-style support under discussion with sector-specific calibration; no final decision yet
A moratorium can protect you in a crisis. It can also quietly increase your total debt if used casually.
Loan moratoriums offer temporary EMI relief but can lead to long-term costs due to accrued interest and potential compounding, making it a costly option for borrowers in financial stress.
Tricky questions could surface over the next few months with embattled edtech company Byju’s, once India’s hottest startup with a $22-billion valuation, entering the insolvency process.