%A Ajit Ranade
%T Moratorium and loan waivers versus credit discipline
%! Moratorium and loan waivers versus credit discipline
%X Why do people repay a loan? Firstly, because they are bound by a loan contract to repay. If they break the contract, there could be a remedy in the form of a punishment or penalty.
%U https://www.thebillionpress.org/columns/economy/moratorium-and-loan-waivers-versus-credit-discipline-778