Not appropriate to go for forced waiver of interest risking financial viability of banks: RBI tells Supreme Court on moratorium issue

Not appropriate to go for forced waiver of interest risking financial viability of banks: RBI tells Supreme Court on moratorium issue
RBI Reserve Bank of India

In its counter affidavit filed before the Supreme Court, the Reserve Bank of India (RBI) has said that a waiver on interest during the moratorium on term loan repayment would risk the financial stability and health of the banks.

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