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SC waives interest on interest during moratorium period for all borrowers
Supreme Court lifts blanket ban on NPA classification
Business Standard

Moratorium verdict: Prepare for shock when a more realistic picture emerges

Loan Moratorium verdict: It also declared that compound interest will not be charged for the period of moratorium.

Topics
Moratorium | loans | Coronavirus

Devangshu Datta  |  New Delhi 



banks
banks

The (Covid-19) pandemic led to many financial relief measures, which complicates the assessment of banking performance. The (RBI) offered a on bank for the period April-August 2020. In September, the (SC) issued a stay order on a proposal to extend the . It also directed to not tag any bad as “NPAs” (Non-performing assets) until and unless the loan was already declared an NPA by August 31.

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First Published: Tue, March 23 2021. 12:51 IST

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