Government’s Compound Interest Waiver Scheme: How It Will Work
A cashier counts Indian rupee banknotes in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Government’s Compound Interest Waiver Scheme: How It Will Work

The Indian government has issued guidelines to banks for implementing a waiver of compound interest or interest-on-interest for a six-month period between March and August 2020.The Reserve Bank of ...
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