Top Court To Hear Fresh Plea On Extension Of Loan Moratorium Till Year-End

The Supreme Court (SC) on Friday said that it will hear a fresh plea seeking extension of the Reserve Bank of India's (RBI) moratorium scheme till December this year. Under the scheme, which ends on 31 August, the RBI in March had given the facility of deferred payment of installments of term loan borrowers. Vishal Tiwari, the lawyer who had filed the plea told the 3-judge bench, headed by Justice Ashok Bhushan  that the adverse impa...