The Centre has agreed to waive off compounded interest for loans up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic, the government has told Supreme Court in an affidavit. The Centre also said it will consult SEBI on whether companies can be given relief on credit rating downgrades for moratorium period. from IndiaTV India: Google News Feed https://ift.tt/3na9mZQ
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