You say RBI has taken the decision; we have gone through RBI reply but Centre is hiding behind the RBI," the bench said. The Supreme Court bench also asked Solicitor General Tushar Mehta, appearing on behalf of the Centre, to give a timeline as to when the government will file the affidavit in the loan moratorium case. The apex court was hearing a plea challenging the levy of interest on loan repayments during the moratorium. The RBI had announced an optional 6-month moratorium for customers towards fixed-term loans and EMI payments. The moratorium period ends on August 31.

Source: dna August 26, 2020 13:41 UTC