The Bank of Russia called on banks to accommodate people having difficulty making loan payments by reducing accrued penalties and granting deferrals on repayment of both principal and interest.
The regulator also proposed introducing separate liability for so-called debt-relief advisers—those who tell borrowers not to repay their loans and charge them for filing useless complaints.
The regulator also proposed introducing separate liability for so-called debt-relief advisers—those who tell borrowers not to repay their loans and charge them for filing useless complaints.