RBI moratorium: SC agrees to hear plea seeking interest waiver on loans during lockdown.

RBI moratorium: SC agrees to hear plea seeking interest waiver on loans during lockdown. Posted: 08 May 2020 08:09 AM PDT Supreme Court on Friday agreed to hear a plea seeking interest waiver on outstanding loan payments for the period of the nationwide lockdown and to widen the Reserve Bank of India's (RBI) March 27 circular. Consequently, the apex court has issued a notice to the central government and to RBI seeking a reply within two [...]