‘Not possible to extend loan moratorium period, may vitiate overall credit discipline’: RBI to Supreme Court

The country’s banking regulator - Reserve Bank of India (RBI) - has filed fresh affidavit in the Supreme Court in the loan moratorium case. In the affidavit, the Reserve Bank of India (RBI) has said that it is not possible to give more relief to sector affected by the coronavirus pandemic. The banking regulator has also said that it is not possible to extend the moratorium period beyond six months.

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