1. Loan Moratorium Scheme: Don’t Give More Relief, Centre Tells SC  The Quint
  2. SC on Loan Moratorium Highlights | Supreme Court tells Centre, RBI to respond to suggestions; case to be...  Moneycontrol.com
  3. Banking Sector Cannot Bear Any Further Financial Strain,Centre Tells Top Court  NDTV Profit
  4. RBI loan moratorium scheme: Why should credit card users get benefit? Supreme Court to Centre  Bar & Bench - Indian Legal News
  5. Loan moratorium is fiscal policy matter, govt on top of it & required steps taken: Centre to SC  Economic Times
  6. View Full coverage on Google News
Mehta told the Supreme Court that it is the responsibility of the banks to credit compound interest waiver for loans up to 2 crores, not for consumers to remind the banks of this scheme.The Centre requested the Supreme Court not to consider further relief to borrowers.

Loan Moratorium Scheme: Don’t Give More Relief to Borrowers, Centre Tells SC

SC hearing on Loan Moratorium LIVE Updates: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah is hearing the loan moratorium and interest waiver caseSC hearing on Loan Moratorium LIVE Updates: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah is hearing the loan moratorium and interest waiver case

SC on Loan Moratorium Highlights | Supreme Court tells Centre, RBI to respond to suggestions; case to be listed next week

The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on interest on EMIs not paid by borrowers opting for an RBI-approved loan relief scheme, which would provide relief to millions of people. This is a fiscal policy matter and the government is on top of it, the centre told the Supreme Court.The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on interest on EMIs not paid by borrowers opting for an RBI-approved loan relief scheme, which would provide relief to millions of people. This is a fiscal policy matter and the government is on top of it, the centre told the Supreme Court.

Banking Sector Cannot Bear Any Further Financial Strain, Centre Tells Top Court

The Supreme Court asked Central govt why credit card users should be entitled to compound interest waiver under RBI's loan moratorium scheme since they are not availing loans but only using the card to purchase goods

RBI loan moratorium scheme: Why should credit card users get benefit? Supreme Court to Centre

The Centre took strong objection to averments made in the Supreme Court on Thursday that it would not have budged to protect borrowers from financial ruin triggered by the pandemic lockdown, had the cThe Centre took strong objection to averments made in the Supreme Court on Thursday that it would not have budged to protect borrowers from financial ruin triggered by the pandemic lockdown, had the c

‘Financial packages were in place in March to help crisis-hit citizens’ - The Hindu BusinessLine

The apex court was hearing a batch of petitions relating to charging of interest on interest by banks on EMIs, which were not paid by the borrowers who availed of the loan moratorium scheme in view of the pandemic. The apex court was hearing a batch of petitions relating to charging of interest on interest by banks on EMIs, which were not paid by the borrowers who availed of the loan moratorium scheme in view of the pandemic.

Loan moratorium is fiscal policy matter, govt on top of it & required steps taken: Centre to SC - The Economic Times

The RBI had given a loan moratorium owing to Covid-19 and its fallout on businesses and consumers' income. The period of moratorium had ended on August 31.

loan moratorium: Supreme Court to resume hearing on loan moratorium, interest on interest waiver case today - The Economic Times

SC said that credit card users aren't borrowers, since they don't have a loan, they're purchasing. The top court disposed off petitions in which the petitioners are satisfied with compound interest waiver.SC said that credit card users aren't borrowers, since they don't have a loan, they're purchasing. The top court disposed off petitions in which the petitioners are satisfied with compound interest waiver.

The apex court bench headed by Justice Ashok Bhushan also directed the Centre and RBI to submit their reply on the relief sought by the power producer companiesThe apex court bench headed by Justice Ashok Bhushan also directed the Centre and RBI to submit their reply on the relief sought by the power producer companies

SC allows power producers to file suggestions on loan relief

The Centre urged a bench of <b>Justices Ashok Bhushan, MR Shah </b>and<b> Subhash Reddy </b>to not intervene and provide further relief to borrowers under Article 32 as the Government was already 'on top of it'.Soli...The Centre urged a bench of Justices Ashok Bhushan, MR Shah and Subhash Reddy to not intervene and provide further relief to borrowers under Article 32 as the Government was already 'on top of...

Waiver Of Loan Interest: Sufficient Relief Granted; Further Intervention Not Needed, Centre Tells Supreme Court

Read more about Loan moratorium is fiscal policy matter, govt on top of it & required steps taken: Centre to SC on Business Standard. The Centre told the SC that issue pertaining to loan moratorium is a fiscal policy matter and the government has taken various proactive steps keeping in mind different sectors.The Centre told the SC that issue pertaining to loan moratorium is a fiscal policy matter and the government has taken various proactive steps keeping in mind different sectors.

Loan moratorium is fiscal policy matter, govt on top of it & required steps taken: Centre to SC | Business Standard News