Tag: Compound Interest

Moratorium
Centre Ready To Waive "Interest On Interest" During Moratorium

Bhubaneswar/New Delhi: The Centre on Friday expressed before the Supreme Court that it is ready to waive “interest on interest” on loans up to Rs 2 crore during the six-month moratorium period in the wake of Covid crisis. “This category of borrowers, in whose case the compound interest will be waived, would be MSME loans […]

  • Sunday, 11 April 2021
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