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93: As govt picks the bill for interest waiver, banks fret over credit culture

Mark to Market

English - October 06, 2020 06:45 - 5 minutes - 5.2 MB
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Distressed Indians may soon get a relief on compound interest charged on their loans during the six-month moratorium period if the Govt.'s proposal gets legal sanction. But the Nifty bank index rose only slightly on Monday. What explains the muted sentiments?