'Don't Hide Behind RBI, Take Own Stand': Supreme Court Raps Centre on Loan Moratorium Scheme

The Supreme Court told the Centre that it has enough powers to decide on the issue of waiver, and it was the government's responsibility to take steps under the Disaster Management Act. A loan moratorium was announced by the Reserve Bank of India (RBI) to allow more breathing room for borrowers amid the Covid-induced cash crunch.

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