Loan Moratorium: Government Sets Up Panel For Assessment Of Relief To Borrowers

The government set up a panel on Thursday to look into the issue of interest being charged by banks on instalments deferred during the moratorium period due to the COVID-19 pandemic. The three-member committee, under former Comptroller and Auditor General (CAG) Rajiv Mehrishi, will make an overall assessment to help the government make informed decision. The development comes as the Supreme Court is hearing petitions seeking a waiver...