RBI Loan Moratorium case: LIVE UPDATES from Supreme Court

A three-judge Bench is hearing the matter.
RBI Loan Moratorium case: LIVE UPDATES from Supreme Court
RBI Loan Moratorium, Supreme Court

A three Judge Bench of the Supreme Court is hearing the petitions concerning the moratorium on loan repayment and interest levied by the Reserve Bank of India (RBI) amid the COVID-19 pandemic.

During the last hearing the Court had asked the Centre why credit-card users should be entitled to the benefit of compound interest waiver under RBI loan moratorium scheme since they are not availing loans and only using the card to purchase goods.

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