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

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