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Added on : 2020-09-28 15:40:05

The Supreme Court (SC) on September 28 heard a batch of petitions seeking interest waiver during the loan moratorium period. A bench led by Justice Ashok Bhushan heard pleas seeking extension of the loan moratorium and waiver of accruing interest. The matter will next be heard on October 5. The SC order asking banks not to declare accounts as non-performing assets (NPAs) for two months will continue.The SC gave the Centre time to place an affidavit on record by October 1.

The Supreme Court (SC) on September 28 heard a batch of petitions seeking interest waiver during the loan moratorium period. A bench led by Justice Ashok Bhushan heard pleas seeking extension of the loan moratorium and waiver of accruing interest. The matter will next be heard on October 5. The SC order asking banks not to declare accounts as non-performing assets (NPAs) for two months will continue.The SC gave the Centre time to place an affidavit on record by October 1.

Editor & Publisher : Dr Dhimant Purohit

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