IBA reaches out to govt for refund of compound interest waiver by banks

Compound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21, and the scheme covered all borrowers including the prompt one who did not avail moratorium.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/iba-reaches-out-to-govt-for-refund-of-compound-interest-waiver-by-banks/articleshow/82877930.cms