Borrowers set to get compound interest waiver, Cabinet approval likely

The government had filed an affidavit in the Supreme Court in a case concerning the moratorium, stating that it would waive interest on interest on loans up to Rs 2 crore for a select category of borrowers.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/borrowers-set-to-get-compound-interest-waiver-cabinet-approval-likely/articleshow/78801231.cms