NEW DELHI: The Supreme Court said Wednesday that the center should implement “as soon as possible” interest exemption on loans of up to Rs 2 crore under the Reserve Bank of India (RBI) moratorium scheme in view of the Covid-19 pandemic, saying that the common man’s Diwali is in the …
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MUMBAI: On Monday, the Supreme Court gave the Reserve Bank of India and the Center one week to file additional affidavits on the compound interest exemption issue during the moratorium period for loans up to ₹2 crore. The higher court will hear the matter on October 13. It asked the …
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NEW DELHI: The government’s decision to waive “interest on interest” during the March-August period loan default period it will benefit everyone with loans of up to Rs 2 crore, but if you have a home loan, especially one that was used several years ago, your savings will not be much. …
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