90% borrowers didn’t avail moratorium, SBI tells SC

State Bank of India has informed the Supreme Court that 90 per cent of borrowers did not avail the moratorium till 31 August on repayment of loans through EMI. Continue Reading

Moratorium: Centre comes under fire for charging interest

The Supreme Court has sought Finance Ministry’s reply on waiver of interest on loans during the moratorium period after the RBI said it would not be prudent to go for a forced waiver of interest risking financial viability of the banks. Continue Reading