Saturday, October 3, 2020

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

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