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Live updates of the novel coronavirus pandemic and its economic impact. The RBI has put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years.
The novel coronavirus, or COVID-19, pandemic has spread nearly 200 countries with 533,416 reported cases and 24,082 deaths so far.
India has reported 724 cases of the novel coronavirus so far, according to the Ministry of Health and Family Welfare. A total of 67 people have been recovered so far and 17 dead.
The RBI on March 27 put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind.Catch the LIVE updates here: