The Reserve Bank’s measures such as a three-month moratorium on repayments will make “little impact” and more relaxations are needed, a cooperative lenders’ body said on Wednesday. The RBI came out with a slew of measures on liquidity apart from the three-month morat-orium on loan repayments last Friday to help the banking sector and the broader economy in wake of the COVID-19 crisis. These ann-ouncements will “make little impact — both on the Borrowers and the Lenders”, Sahakar Bharti said in a letter to Finance Minister.
