November 5 cutoff for banks to credit compound interest collected

The SC had asked the government to explain the mechanism to implement its decision to waive interest on interest for the six-month moratorium period for those who had borrowed up to Rs 2 crore, including MSMEs.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/november-5-cutoff-for-banks-to-credit-compound-interest-collected/articleshow/78885307.cms