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Wednesday, June 17, 2020

90% borrowers didn’t defer EMI: SBI to Supreme Court

State Bank of India, the largest bank in the country, told the Supreme Court on Wednesday that 90% of borrowers did not avail the moratorium till August 31 on repayment of loans through EMI to question the brouhaha caused by PILs over waiver of interest on interest accrued on deferred EMIs.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3dasyR3

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...