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Thursday, June 4, 2020

SC seeks finance ministry's reply on waiver of interest on loans during moratorium period

The top court said there are two aspects under consideration in this matter - no interest payment on loans during the moratorium period and no interest to be charged on interest. It said that these are challenging times and it is a serious issue as on one hand moratorium is granted and on other hand interest is charged on loans.

from Banking/Finance-Industry-Economic Times https://ift.tt/2U9gRmP

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