Annual report pursuant to Section 13 and 15(d)

LOANS RECEIVED

v3.21.1
LOANS RECEIVED
12 Months Ended
Mar. 31, 2021
DEFERRED TAX LIABILITIES ASSETS  
NOTE 16 - LOANS RECEIVED

NOTE 16 - LOANS RECEIVED

 

Loans received by the Company includes:

 

Company

 

Lender

 

March 31, 2021

 

 

March 31, 2020

 

 

Interest rate

 

 

Term

 

Maturity dates

 

Freedom Holding Corp.

 

Non-Bank

 

$ 3,373

 

 

$ -

 

 

 

5 %

 

14 months

 

12/31/21

 

Total

 

 

 

$ 3,373

 

 

$ -

 

 

 

 

 

 

 

 

 

 

 

Non-bank loans received are unsecured. As of March 31, 2021 and 2020, accrued interest on the loans totaled $73 and $0, respectively.