October 3, 2020
Centre agrees to waive off interest for loans up to ₹2 crore
![Centre agrees to waive off interest for loans up to ₹2 crore](https://www.ejusticeindia.com/wp-content/uploads/2020/10/1601717648_shutterstock_1166876998.jpg)
The Centre has agreed to waive off compounded interest for loans up to Rs 2 crore. The central government told the Supreme Court that it has agreed to waive interest on interest during the moratorium period (March to August). People will get this relief on a loan of up to two crore rupees. This interest