There is an ongoing debate about a possible exemption from interest payments for the six-month moratorium period granted by the RBI. While a waiver can provide immediate short-term relief to borrowers, if history teaches us anything, waivers come with far-reaching, long-term concerns. First, who should be entitled to receive theRead More →
Outlook 04 January 2021 16:01 IST Assam’s MFI bill linked to poll and congressional loan exemption promise ‘moral hazard’: report OutlookIndia.com 1970-01-01T05: 30: 00 + 0530 Mumbai, January 4 (PTI) The passage of a bill to control the microfinance sector and the Congress party’s loan exemption promise if elected toRead More →
COLUMBUS (WCMH) – Some dogs have returned to Playful Pets dog daycare in Franklinton, who is still reeling from the coronavirus. Playful Pets owner Steve Faulkner said when the Ohio stay-at-home order went into effect his business went into survival mode. Faulkner thanks the Federal Paycheck Protection Program for helpingRead More →
Wells College, Aurora NY. Google earth According to Moody’s Investors Service, canceling student loan debt would give the economy a slight blow, but could cause “moral hazard” and possibly make the problem worse. Some Democratic presidential candidates, including Sens. Bernie sanders and Elizabeth warren, have proposed debt cancellation which hasRead More →
Apr 25, 2020 Editor’s Note: The Economist makes some of its most significant coverage of the covid-19 pandemic available to readers of The economist today, our daily newsletter. To receive it, subscribe here. For our coronavirus tracker and more coverage, check out our hub VSOVID-19 CONFRONTS humanity with a hostRead More →