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Thursday 15 October 2020

SC wants relief on interest to be speeded up

The Supreme Court on Wednesday said it was a “welcome move” on the Centre's part to waive compound interest on instalments of loans up to Rs 2 crore payable during the six-month moratorium period of March 1 to August 31 but frowned upon the over one-month time it sought to implement the decision. Justice Shah said in a lighter vein, "Their (people's) Diwali is in your hands."

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3nU2e4j

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