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Goa’s vice-president demanded to extended loan moratorium period

GOA: The Goa Pradesh Congress Committee’s vice-president Sankalp Amonkar demanded that the loan moratorium period be extended and sought waiver of additional interest by nationalised banks, while also seeking reversal by cooperative banks and finance companies for declaring these loans as non-performing assets.

Amonkar said that although the RBI came up with a moratorium period of six months it did not offer the clarity on the interest to be charged. “Since September 1, most banks chasing people for repayment. However, while some have given people additional time, but have levied additional interest to a tune of up to Rs 48,000,”. “We want that all the four BJP MLAs representing the Mormugao taluka to take up this issue with the government,” Amonkar said.

The News24 Goa

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