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SC asks RBI, FinMin to file joint plea on moratorium

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NEW DELHI : The Supreme Court on Thursday asked the Reserve Bank of India (RBI) and the Union finance ministry to file a joint response on whether interest on loans can be waived for the six-month moratorium period.

In March, the central bank had allowed a three-month moratorium on payment of all term loans due between 1 March and 31 May.

On 22 May, the moratorium was extended till 31 August. On 26 May, the apex court had sought RBI’s response after petitioner Gajendra Sharma sought interest waiver during the moratorium period.

In an affidavit filed on Wednesday, RBI said it does not consider it prudent or appropriate to forcefully waive interest, which would risk the financial viability of the banks it is mandated to regulate, and put the

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Paul Pogba and Bruno Fernandes were pitted against one another at Old Trafford on Saturday as Manchester United trained.
Frank Lampard Paul Pogba Bruno Fernandes city Manchester outbreak Coronavirus
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
Coronation Street newcomer Jacob Roberts supported by Hollyoaks cast as he speaks out on new role
Breaking O'Neill 'sorry for going' to Storey funeral amid pandemic
Coronation Street's Georgia May Foote's supported as she says people 'stare' at her over health condition
Scots couple die days apart from cancer as son pays tribute
'The Office' Spinoff: 2 Original Cast Members Won't Appear, 1 Would (If Asked), & 2 Join Cast!
How to entertain yourself when you stuck inside due to a pandemic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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