The Cabinet Committee on Economic Affairs is believed to have approved waiver of interest on interest for the Covid-stress moratorium period for certain categories of borrowers with loan amounts up to ₹2 crore. Since the matter is pending in the Supreme Court, the government is expected to first inform the apex court and then make the matter public, according to sources. The court will hear this matter on November 2.
Listen to the podcast.
Click here for more details.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.