Tag: penal levy on loan defaulters

Source: The post is based on the article “Batting for borrowers – Penal levy on loan defaulters should not be usurious” published in The Hindu on 25th April 2023. Syllabus: GS – 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Relevance: About penal levy on loan defaulters. News: The Reserve… Continue reading Batting for borrowers – Penal levy on loan defaulters should not be usurious