The government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty over bank earnings for the quarter, giving them room to offer liberal loan-rejig terms to stressed borrowers.source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-relieved-as-govt-will-foot-bill-for-interest-waiver/articleshow/78484241.cms
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