Date: 23 March 2021
#supremecourt #banking #balancesheet
https://m.economictimes.com/markets/stocks/news/waiver-of-compound-interest-on-loans-to-have-limited-impact-for-banks/articleshow/81651862.cms
#supremecourt #banking #balancesheet
https://m.economictimes.com/markets/stocks/news/waiver-of-compound-interest-on-loans-to-have-limited-impact-for-banks/articleshow/81651862.cms
The Economic Times
What’ll be the real impact of SC order on bank balance sheets?
Analysts said it remains to be seen if the cost of refunding compound interest on loans of over Rs 2 crore will be compensated by the government, as was the case earlier or will it be absorbed by the banks themselves.