No moratorium taken: Govt may compensate you

Amid confusion on compensation for borrowers who did not avail the six-month moratorium, the finance ministry will explore options such as cashbacks for individuals and MSMEs with debt up to Rs 2 crore and who repaid their dues on time. This is to ensure a level-playing field with those who availed the moratorium and could now be spared from being charged “interest on interest”.

from Times of India https://ift.tt/2GvftXQ
https://ift.tt/eA8V8J October 04, 2020 at 08:04AM

Comments

Popular posts from this blog

Covid live: Record 50,000+ infections on Sunday

Impact of pandemic? Women jobseekers fell by 34% in 2021

SC slams trial courts for seeking needless custody