"On one hand granting moratorium, and then interest..It's more detrimental" SC; Finance Ministry, RBI to file joint response before June 12

"On one hand granting moratorium, and then interest..It's more detrimental" SC; Finance Ministry, RBI to file joint response before June 12
Justices Ashok Bhushan, Sanjay Kishan Kaul, MR Shah

The Supreme Court today granted time to the Union Finance Ministry and the Reserve Bank of India (RBI) to file a joint response on the issue of the RBI circular allowing banks to charge interest on term loan repayment during the COVID-19 moratorium period. (Gajendra Sharma vs UOI)

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