Supreme Court Defers Hearing to Nov 5 on Pleas Related to Loan Moratorium Scheme

The Reserve Bank of India and the Finance Ministry have already filed separate additional affidavits in the apex court saying that the banks, financial and non-banking financial institutions will credit into the accounts of eligible borrowers by November 5 the difference between compound and simple interest collected on loans of up to Rs 2 crore during the moratorium scheme period.

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