RBI Governor Shaktikanta Das last week announced a three-month moratorium on EMIs from March 1st to May 31st. A moratorium which simply means the RBI has allowed banks 3 months when borrowers can defer their EMI payments. But is it actually good news for borrowers? Maybe not!
In this edition of Big Story, Moneycontrol's Sakshi Batra, explains how taking the moratorium benefit could turn costly for credit card users and should you actually opt-out?
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