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Tuesday 27 October 2020

RBI asks lending institutions to implement waiver of interest on interest scheme

The Reserve Bank on Tuesday asked all lending institutions, including non-banking financial companies, to implement the waiver of interest on interest for loans up to Rs 2 crore for the six months moratorium period beginning March 1, 2020.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/35GC38I

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