Loan Forbearance: Loan relief is for personal, home, education, auto, and consumer durables loans. The banking sector cannot withstand further financial stress, the center told the Supreme Court on Thursday, at a key hearing to decide whether borrowers should be charged additional interest for choosing to defer their EMIs owed …
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COVID-19 loan relief: loan account must be healthy as of February 29 All banks and other lenders in the country will soon credit the difference between compound and simple interest on eligible loan repayments of up to Rs 2 crore due between March and August. The move is intended to …
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