Interest waiver not possible, can't allow extension of loan moratorium period, says SC

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The Supreme Court on Tuesday rejected the pleas from various trade associations and corporate bodies to extend the six-month loan moratorium period offered by the Reserve Bank of India, adding that a complete waiver of interest during the moratorium cannot be granted either.

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Interest waiver not possible, can't allow extension of loan moratorium period, says SC.

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    The Supreme Court on Tuesday rejected the pleas from various trade associations and corporate bodies to extend the six-month loan moratorium period offered by the Reserve Bank of India, adding that a complete waiver of interest during the moratorium cannot be granted either.

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    Interest waiver not possible, can't allow extension of loan moratorium period, says SC

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