The Centre on Friday filed an affidavit before the Supreme Court on loan moratorium issue and said it has decided to waive compound interest (interest on interest) for a moratorium period of six months for Ministry of Micro, Small and Medium Enterprises (MSME) and personal loans up to Rs 2 crores.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-moratorium-case-supreme-court-gives-one-weeks-time-to-file-affidavits/articleshow/78488858.cms
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