Discover and read the best of Twitter Threads about #LoanMoratprium

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RBI CIRCULAR ON MORATORIUM ON LOAN REPAYMENT:

A three Judge Bench of the Supreme Court is hearing a batch of petitions concerning moratorium on loan repayment and interest levied on interest.

#SupremeCourt #LoanMoratorium @RBI Image
SG Tushar Mehta tells the Court: Two or three rounds of meeting have taken place and the concerna examined.

(Mehta sought for a deferment in the hearing saying that consultations are on with Banks)

#SupremeCourt
Senior Counsel Harish Salve for IBA tells the Court that the immediate concern is that of individual borrowers. Decisions have to be taken through the Finance Ministry and not the RBI.

#SupremeCourt
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