June 17, 2020
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2:53Now PlayingSC pulls up Centre over loan moratorium issue seeking clarity on whether banks can come up with new guidelines.
'Centre can't say that the matter is between the bank and the customer. The Supreme Court further said that the centre cannot leave the moratorium decisions on the bank', says Supreme Court
Supreme Court also further observed that the centre took time but no solution is in sight. The apex court asked the Centre and the Reserve Bank of India to review the issue and asked the Indian Banks' Association (IBA) to see if new norms can be brought in to benefit the borrowers.
Mirror Now's Meenakshi Bhanja with more details. Watch the video to know more!
SC asks Centre, RBI to review the situation. Matter or be taken up in August first week.
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