Moratorium: Waiver on Compound Interest From Nov 5: Centre to SC

Recently, an affidavit was filed by the Central government in the Supreme Court. It was with respect to Compound Interest during moratorium period. Affidavit says that interest on interest will be waive off. But for eligible borrowers who have taken loans up to 2 crores. The waiver will cover education loans, MSME loans, automobile loans,

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