[COVID-19 Second Wave] Plea in Supreme Court seeks interest-free moratorium on term loans, deferment on loan installment payments for 6 months

The petition sought a breather for lenders on the ground of unemployment and loss of business opportunities in the wake of second wave of COVID-19.
RBI and Supreme Court
RBI and Supreme Court

A petition was moved before the Supreme Court seeking directions to grant interest free moratorium period for term loan and deferment on loan installment payments for a period of six months or till the COVID situation improves.

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