Loan moratorium: PSU banks may have to take ₹2,000 cr hit due to SC order on interest waiver2 min read . Updated: 04 Apr 2021, 11:43 AM IST
The SC judgement covers loans above ₹2 crore as loans below this got blanket interest on interest waiver in November last year.
Public sector banks may have to bear a burden of ₹1,800-2,000 crore arising due to a recent Supreme Court judgement on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020, sources said.
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