In light of the extreme and unprecedented situation of COVID-19, the government announced significant relief for borrowers and individual MSMEs by waiving compound interest on specific loans for a period of six months. Loans eligible under the scheme include MSME loans, education loans, home loans, consumer durables loans, credit card …
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In a relief to borrowers at the start of the holiday season, the government announced Friday night an interest waiver on loans up to ₹2 million rupees regardless of whether or not the moratorium was applied. On October 14, the Supreme Court ordered the Center to implement “as soon as …
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SBI retail customers will be prompted to enter their account number when logging into the portal. After completing the OTP validation and entering some necessary data, the customer will know their eligibility and will receive a reference number. This reference number will be valid for 30 days and within which …
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