Friday, September 4, 2020

No loan to be termed NPA till new orders: SC

In a major relief to individual and commercial borrowers, the Supreme Court on Thursday asked banks not to declare any loan account as non-performing asset (NPA) till it passed further orders on a bunch of petitions questioning levying of interest on loans during the six-month repayment freeze that ended on August 31.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3bnB8N7

No comments:

Post a Comment

Baba Siddique shot dead: Sanjay, Salman arrive at hospital

Senior Nationalist Congress Party (NCP) leader Baba Siddique passed away on Saturday after being shot multiple times by unidentified assaila...