Sunday, June 7, 2020

Bankers, govt officials oppose interest sop in moratorium period

It is not just the Reserve Bank of India but even bankers and government officials are not in favour of waiving or offering interest concessions to borrowers who opt for the special loan moratorium facility. Last week, the Supreme Court asked the finance ministry to look at the demand raised before it. The government is yet to firm up its stand on the matter.

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