EMI loan moratorium extension: Repayment period extendable by 2 years, Centre, RBI tell Supreme Court Updated: September 1, 2020 19:58 pm EMI loan moratorium extension: The moratorium period on repayment EMI loan moratorium extension: Repayment period extendable by 2 years, Centre, RBI tell Supreme Court Updated: September 1, 2020 19:58 pm EMI loan moratorium extension: The moratorium period on repayment of loans during the COVID-19 pandemic is extendable by two years and several steps have been taken to help the stressed sectors, the Centre and the RBI told the Supreme Court on Tuesday. On August 26, the apex court had asked the Centre to reply within a week on the issue of interest being charged on instalments which have been deferred during the moratorium period. The top court had earlier asked the Centre and the RBI to review the move to charge interest on deferred EMIs during the moratorium period. The court had earlier said there was "no merit in charging in...