The Week That Was - Bnks moratorium, India palm oil tax, NFOs

TheStar Fri, Sep 17, 2021 09:40am - 2 years View Original


But the targeted three-month interest repayment waiver would likely have a less significant impact on banks’ bottomline, analysts said.

Moratorium surprise

BANKING stocks see-sawed this week on news that the government has instructed financial institutions to work on waiving interest repayment for recipients of loan moratoriums in the lower income category.

The proposed waiver would be for three months, starting October.

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