Friday, September 18, 2020

Loan repayment moratorium: Mehrishi panel may suggest relief on compound interest

​The RBI had in March announced a three-month moratorium on principal and interest payments on loans beginning March 1 to provide relief to borrowers hit by the Covid-19 pandemic. This was later extended by another three months to August 31.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3hD0Zlr

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