alexa

Search in Indianmoney's WealthPedia

  
Home > Videos > Has our PM Modi waived of loans?

Has our PM Modi waived of loans?

Start your Journey to Become Rich with IndianMoney's Financial Freedom App, Download here: https://indianmoney.com/ffa/FmCSZ69pHo

 

Capital is a much-needed element for every business.  When a person does not have a sufficient amount to start or run their business they borrow a loan called business loan. If they fail to repay that for consecutive 3 months it could be considered as Non-performing assets(NPA) as per banking terms. When this NPA hasn't turned into income then after 2 consecutive years it could be written off and not waived off according to the guidelines given by RBI. Waive off is completely distinct from write off.  In this video, C. S. Sudheer has given detailed information about the difference between write off and waive off. Also, corporate loan write off in India introduced by Modi

 
Get the Best Financial Advice on Click Here

Recent Videos

 
 
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.