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You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
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<p style="text-align:justify"><em>Scheme will be implemented even for borrowers who did not avail moratorium.</em></p>
<p style="text-align:justify">Three weeks after informing the Supreme Court that the Centre would bear the additional compound interest on loans of up to ₹2 crore availed by retail borrowers as well as micro, small and medium enterprises (MSMEs), the government formally communicated the modalities of the scheme to lenders on Friday.</p>
<p style="text-align:justify">Banks and other lenders, including co-operative banks and non-banking finance companies, have been asked to credit the difference between the compound interest and simple interest for the six month period between March 1 and August 31 into these loan accounts by November 5. This would be implemented even for borrowers who had not availed the moratorium on loan repayments allowed by the Reserve Bank of India (RBI) up to August 31.</p>
<p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Industry/centre-lays-out-modalities-of-compound-interest-scheme-on-loans-up-to-2-crore/article32936609.ece">click here</a> to read more.</p>
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LATEST NEWS UPDATES | Loan interest waiver to be credited by November 5 </title>
<meta name="description" content="-The Hindu
Scheme will be implemented even for borrowers who did not avail moratorium.
Three weeks after informing the Supreme Court that the Centre would bear the additional compound interest on loans of up to ₹2 crore availed by retail borrowers as..."/>
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<meta property="og:description" content="-The Hindu
Scheme will be implemented even for borrowers who did not avail moratorium.
Three weeks after informing the Supreme Court that the Centre would bear the additional compound interest on loans of up to ₹2 crore availed by retail borrowers as..." />
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LATEST NEWS UPDATES | Loan interest waiver to be credited by November 5
-The Hindu
Scheme will be implemented even for borrowers who did not avail moratorium.
Three weeks after informing the Supreme Court that the Centre would bear the additional compound interest on loans of up to ₹2 crore availed by retail borrowers as well as micro, small and...
-TheWire.in
While those living outside the embankment area benefit from less flooding and erosion, those within the embankment area are more prone to risk.
Supaul (Bihar): On September 10, a fortnight before the announcement of the state assembly elections, Bihar water resources minister Sanjay Kumar Jha laid...
-The Hindu
Over the past week, floods in Hyderabad have killed 33 people and destroyed property. Swathi Vadlamudi and Syed Mohammed report on how a burgeoning population and rapid infrastructural development have put tremendous pressure on the water bodies of the city, reducing their area, quantity...
-Society for Social and Economic Research
The economic reforms which were started in 1991 shifted the focus of fertilizer policies away from playing a leading role in building the fertilizer industry and ensuring the availability of fertilizers at affordable prices to farmers. Under the neo-liberal policy...
-The Indian Express
Railways has introduced clone trains to replicate services with a long waiting list. Out of the 40 such trains, around 24 are from stations in Bihar.
Even as the Opposition in Bihar tries to make the plight of migrant workers an election issue, train...
