Compound interest

Compound Interest: Dealing with Mass Shooting During Pandemic Means More Trauma, Stress | New

The mental health effects of mass shootings can reverberate in communities. As people learn of the King Soopers shooting in Boulder on Monday and mourn the 10 people who were killed, psychologists say it’s normal to feel the brunt of the aggravating trauma. Metro Denver has one of the highest per capita mass shooting rates […]

Compound interest

SC Orders Compound Interest Relief For All Borrowers: What Does This Mean to You? – The New Indian Express

Express news service If you had been granted a moratorium on loans or deferred your EMI payments (including credit cards) that were due between March 1, 2020 and August 31, 2020, interest is not waived and will continue to accrue. on the unpaid amount because banks have to pay interest to depositors and retirees. During […]

Compound interest

Indian Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic

Banks in India cannot charge interest on accrued interest during the period in which borrowers have been allowed to withhold repayments. The Reserve Bank of India (RBI) had allowed borrowers to defer payments following the economic crisis following the COVID-19 pandemic. However, while the repayments had ceased, interest continued to be accrued by the banks […]