Monday, March 22, 2021

Can't allow extension of loan moratorium period, says SC; waiver of interest not possible

The SC said no direction can be issued to the govt or RBI to announce any particular financial packages or reliefs, and held that it cannot issue directions to provide relief to particular sectors over and above others.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/cant-allow-extension-of-loan-moratorium-period-says-sc-waiver-of-interest-not-possible/articleshow/81644517.cms

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