Tag: Interest during moratorium

Centre to waive interest on interest during moratorium on loan up to Rs 2 crore

NEW DELHI: In a major relief to thousands of individuals and MSME borrowers, the government of India (Centre) in an affidavit informed the Supreme Court that it has taken a decision to waive “interest on interest” on loans up to Rs two crore during the six-month moratorium period. The affidavit said the only solution is […]

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