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New Delhi, Sep 28: The Supreme Court has allowed the government another week to come up with a plan on loan moratorium.
The court had asked the government to submit its plan on September 28. The hearing has now been deferred to October 5. The Centre told the court that a decision is likely in the next couple of days over charging of interest by banks on instalments, which were deferred during the moratorium period in view of the pandemic.
A bench of Justices Ashok Bhushan, Sanjay Kishan Kaul and M R Shah had said that these are challenging times and it is a serious issue as on one hand moratorium…