SC verdict on compound interest/penalty refund not to impact banks as govt to reimburse: Yes Securities

On its verdict on a batch of pleas seeking moratorium extension beyond August 31, 2020, the apex court on Tuesday said it is a policy decision, refusing to interfere with the Centre's and RBI's decision to not extend the loan moratorium beyond the limit.

from Banking/Finance-Industry-Economic Times https://ift.tt/3fctNnd