Relief provided to vehicle owners with pending lease installments

Image from palpalnewshub

Governor of the Central Bank Ajith Nivard Cabraal has decided to provide relief to vehicle owners who are unable to pay their lease installments and people who are unable to pay their loan installments within a period of six months. Governor  Cabraal unveiled the 'Six-Month Road Map for Ensuring Macroeconomic and Financial System Stability’ at the Central Bank Headquarters this morning (01).He also said that all banks have been instructed not to take over properties through the "Parathe Agreement" within the next six months.In addition, banks have also been instructed to suspend the repossession of vehicles belonging to owners who have not paid the lease installments.