Blanket interest waiver on all loans to be Rs 6 lakh crore: Centre to SC

If the banks were to bear this burden, then it would necessarily wipe out a substantial and a major part of their net worth, rendering most of the lenders unviable and raising a very serious question mark over their very survival, it said.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/blanket-interest-waiver-on-all-loans-to-be-rs-6-lakh-crore-centre-to-sc/articleshow/79638145.cms