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Impact of SC's loan moratorium order

BL Internet Desk | Updated on March 24, 2021

In a relief to borrowers, the Supreme Court has directed that no compound or penal interest be charged during the six-month loan moratorium period announced last year amid the COVID-19 pandemic, and the amount already charged shall be refunded, credited or adjusted.

Credits

Story: Our Bureau/PTI Script & voice-over: Nivedita V Editing: Radhika SR & Madhu B

Published on March 23, 2021

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