Wednesday, March 24, 2021

Govt may seek details of interest on interest charged by banks

Sources said that the government wants to collect individual bank data to assess the total liability on the sector to reimburse interest on interest collected on loan exposure over Rs 2 crore for the period between March-August 2020.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-may-seek-details-of-interest-on-interest-charged-by-banks/articleshow/81667800.cms

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