Tuesday, December 8, 2020

Blanket interest waiver on all loans to be Rs 6 lakh crore: Centre to SC

If the banks were to bear this burden, then it would necessarily wipe out a substantial and a major part of their net worth, rendering most of the lenders unviable and raising a very serious question mark over their very survival, it said.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2JQGozf

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