SG: Of course everyone is concerned. What are you... ... [Interest On Loan Moratorium Hearing- Day-2] Live- Updates From Supreme Court
SG: Of course everyone is concerned. What are you saying?
Bench asks Salve his view on compound interest.
Salve: Compound interest is charged as a contractual interest and penal interest is not being charged. On non-payment, the interest becomes penal compounding interest.
Update: 2020-09-03 09:58 GMT