Supreme court files against rbi

Supreme Court orders sets the deadline for interest waiver on loans worth upto Rs 2 Crore, until Nov 2. Last week, we informed you that the Government shall be renouncing the interest on interest accrued over the extension period of EMI…

Supreme Court Scolds RBI For Charging Interest On EMI, Loan Moratorium; 2 Lakh Cr Income For Banks? The Reserve Bank of India’s on March 27 passed a circular, permitting all the lending institutions to allow a three moratorium period on…