This is the Doctrine of Shree Rajen Pillai the Ex Governor of RBI representing the Government of India. A person of brilliance appointed by UPA. The UPA
"It is a welcome move by the RBI as many customers have expressed their inability to repay dues in time because of ongoing demonetisation drive." but since market tight and business dull where the borrower going to get money within 60 days time.
"Dues payable before November 1 and after December 31, 2016, will be covered by the extant instruction for the respective regulated entity with regard to recognition of NPAs,"
The point is since its effected to all borrowers irrespect of earlier borrowers, the question remains the same as above.
As the cycle effected everone before or after payable amount.
