RBI loan moratorium hearing before the Supreme Court [LIVE UPDATES]

The Supreme Court is hearing petitions challenging the Reserve Bank of India's move to charge interest on term loans during the moratorium period introduced in light of the COVID-19 pandemic.

The Bench of Justices Ashok Bhushan, R Subhash Reddy and MR Shah is hearing the matter.

The Centre in its affidavit has said that the various relief measures taken by the government along with the circulars of the Reserve Bank of India (RBI) particularly the August 6 circular, adequately address the grievances regarding moratorium and interest.

Live updates of the hearing today feature on this page.