“The question is about the demands of compound interest in the meantime. Moratorium and penal interest cannot go together. RBI will have to clarify,” Justice R Subhash Reddy, who was also part of the Bench with Justice MR Shah, said.
from The Financial Express https://ift.tt/32Wug5u
Thursday, 3 September 2020
Interest waiver: SC protects borrowers from coercive action by banks
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