The Federal Reserve Bank on Tuesday asked all lending banks and non-banking financial companies, to make sure that the scheme of waiver of interest on interest for loans up to ₹ 2 crore for the six-month moratorium period is implemented by November 5 , as decided by the govt .
The lending institutions are asked to finish the exercise of crediting the quantity within the accounts of borrowers by November 5 .By November 5 On Interest Scheme RBI Asks Lenders To Implement Waiver Of Interest
“All lending institutions are advised to be guided by the provisions of the Scheme and take necessary action within the stipulated timeline,” the RBI said during a notification.
The lending institutions after crediting the quantity will claim the reimbursement from the central government.
After becoming the first Indian to win the World Junior Squash Championship, Anahat Singh says…
A group of over 60 U.S. technology companies has urged policymakers to support the development…
Bank of Baroda has launched a comprehensive forensic investigation. This move follows reports indicating that…
Beyond the Spotlight: Suhana Khan's Journey Navigating Fame and On-Screen Success
The much-awaited trailer of Alpha has finally arrived, offering fans a deeper look into the…
The contrasting public images of two prominent Indian startup founders, Zomato's Deepinder Goyal and Ola's…
This website uses cookies.