Monday, October 26, 2020

75% of borrowers to benefit from interest concession: CRISIL

The benefit will be extended to borrowers with outstanding loans (standard as on February 29, 2020) of less than Rs 2 crore under select categories, irrespective of whether the moratorium was availed of or not. “The cost to exchequer would have halved if waiver was allowed only where moratorium was availed of,” Crisil said in a press note.

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

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