Compound interest

Center Compound Interest Waiver: What Borrowers Need to Know About the Program

To provide relief to small borrowers, the Center implemented the much anticipated Compound Interest Waiver Plan. Relief will be paid to the borrower in the form of an ex gratia payment of the difference between compound interest and simple interest for six months (March 1 to August 30). So how does the scheme work? As […]

Compound interest

Business News | Stock market and stock market news

Search for quotes, news, net asset values ​​of mutual funds Paras Defense INE045601015, PARAS, 543367 zee entertain INE256A01028, ZEEL, 505537 Addiction INE002A01018, RELIANCE, 500325 TIC INE154A01025, ITC, 500875 Fluid-Air India ,, 531753 Search for quotes, news, net asset values ​​of mutual funds Paras Defense INE045601015, PARAS, 543367 zee entertain INE256A01028, ZEEL, 505537 Addiction INE002A01018, RELIANCE, […]

Compound interest

Modi’s government agrees in SC to waive compound interest on loans up to Rs 2 crore for 6 months

File photo of Union Finance Minister Nirmala Sitharaman | ANI Text size: A- A + New Delhi: To relieve individual borrowers and medium and small industries, the Center agreed in the Supreme Court to waive compound interest (interest on interest) charged on loans up to Rs 2 crores for a six-month moratorium period announced in […]