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    <title>Cabinet approves Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts</title>
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    <description>Approval is granted for disbursement of an additional ex-gratia payment of Rs. 973.74 crore to cover remaining claims submitted by lending institutions under the Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts (1.3.2020 to 31.8.2020). The payment will be disbursed by the nodal agency, SBI, in accordance with previously issued operational guidelines to reimburse lending institutions.</description>
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