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Loan moratorium interest waiver: Supreme Court hearing today; banks’ profits to wipe out if things go bad

Fri Jun 12 , 2020
RBI has estimated a loss of almost Rs 2 lakh crore if the apex court allows interest waiver in the moratorium period, this would translate to nearly 15% of the banks’ net worth in financial year 2019. The Supreme Court is today again hearing a petition seeking a waiver of […]

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