SC to Centre: Consider not charging interest on interest during moratorium
The Supreme Court on Thursday asked the Centre to consider a plea for not charging interest on interest on deferred EMIs during the moratorium period and also not downgrade the credit/asset classification of the borrowers
A bench headed by Justice Ashok Bhushan, R. Subhash Reddy and M.R. Shah asked the Centre, Reserve Bank of India and the banks to put their heads together within two weeks to decide on crucial issue. Source: PTI