Latest Penal Interest News & Updates

Gandhinagar, Jan 23 (IANS) Gujarat Chief Minister Bhupendra Patel, on Friday, announced a significant relief measure for beneficiaries of rural housing schemes run by the Gujarat Rural Housing Board, granting a one-time waiver of penal interest to thousands of families across rural areas of the state. The decision aims to ease the financial burden on beneficiaries who are willing to repay the remaining principal amount of their housing loans but have struggled to pay the penal interest levied on…