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A deferred free lunch for good conduct

RBI could ask banks to reward customers who do not default by giving a discount at the end of the loan's tenure

Topics
mortgage | Reserve Bank of India | Moratorium

Harsh Roongta 



Harsh Roongta

The suggestion made by the that banks should not just allow borrowers to defer the payment of loan instalments due between March and August, but also waive the interest due during that period suggests that it is in the favour of a free lunch. But who pays the bill?

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First Published: Thu, June 11 2020. 01:45 IST

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