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<p style="text-align:justify"><em>The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</em></p>
<p style="text-align:justify">Refusing to interfere with the government and RBI’s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre’s financial policy decision unless it is malafide, arbitrary. The apex court said that the waiver of complete interest is not possible as it affects depositors.</p>
<p style="text-align:justify">The apex court refused to interfere with the Centre’s and Reserve Bank of India (RBI’s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</p>
<p style="text-align:justify">A bench headed by Justice Ashok Bhushan said the top court cannot do judicial review of the Centre’s financial policy decision unless it is malafide and arbitrary.</p>
<p style="text-align:justify">The bench said this in its verdict on a batch of pleas filed by various trade associations, including from real estate and power sectors, seeking extension of the loan moratorium period and other reliefs in view of the pandemic.</p>
<p style="text-align:justify">The Centre had earlier submitted before the top court that if it were to consider waiving interest on all the loans and advances to all categories of borrowers for the six-month moratorium period announced by RBI in view of COVID-19 pandemic, then the amount foregone would be more than Rs 6 lakh crore.</p>
<p style="text-align:justify">Please <a href="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/">click here</a> to read more.</p>
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LATEST NEWS UPDATES | Loan moratorium case: Waiver of complete interest not possible, says Supreme Court </title>
<meta name="description" content="-The Indian Express
The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
Refusing to interfere with the government..."/>
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<meta property="og:description" content="-The Indian Express
The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
Refusing to interfere with the government..." />
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<br><small>March 23, 2021</small>
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The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
Refusing to interfere with the government and RBI’s decision to not...</p>
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<br><small>March 23, 2021</small>
<p style="padding-top: 6px;">-The Indian Express
Never mind what the bhadralok class thinks. The poll campaign has exploded the myth of Bengali exceptionalism.
As West Bengal is witnessing the pathology of the prevalent electoral politics, the illusory character of the “cultural capital” the Bengali bhadralok community boasts of is becoming...</p>
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<br><small>March 23, 2021</small>
<p style="padding-top: 6px;">-The Indian Express
The Ken-Betwa Link Project lies in Bundelkhand, a drought-prone region, which spreads across 13 districts of Uttar Pradesh and Madhya Pradesh.
On the occasion of World Water Day on April 22, a memorandum of agreement was signed between Union Minister of Jal Shakti and...</p>
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<br><small>March 22, 2021</small>
<p style="padding-top: 6px;">-The Hindu
Nearly 24 hours after the Centre’s request, the label remains.
The government does not have the power under the Information Technology Act to direct Twitter to remove the ‘manipulated media’ tag from certain tweets, experts said.
They say the Centre’s move raises concerns of censorship and...</p>
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<br><small>March 22, 2021</small>
<p style="padding-top: 6px;">-TheCitizen.in
The corporate capital has launched a final assault in its desparate bid to extricate itself from the worst crisis it has encountered.
Having swallowed industry, trade and finance, it has now turned its greedy eyes on land and peasantry, along with peoples’ assets in the public...</p>
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LATEST NEWS UPDATES | Loan moratorium case: Waiver of complete interest not possible, says Supreme Court </title>
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The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
Refusing to interfere with the government..."/>
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The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
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<a href="https://im4change.in/latest-news-updates/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-supreme-court.html" target="_blank">Loan moratorium case: Waiver of complete interest not possible, says Supreme Court</a>
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<br><small>March 23, 2021</small>
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The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
Refusing to interfere with the government and RBI’s decision to not...</p>
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<br><small>March 23, 2021</small>
<p style="padding-top: 6px;">-The Indian Express
Never mind what the bhadralok class thinks. The poll campaign has exploded the myth of Bengali exceptionalism.
As West Bengal is witnessing the pathology of the prevalent electoral politics, the illusory character of the “cultural capital” the Bengali bhadralok community boasts of is becoming...</p>
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<br><small>March 23, 2021</small>
<p style="padding-top: 6px;">-The Indian Express
The Ken-Betwa Link Project lies in Bundelkhand, a drought-prone region, which spreads across 13 districts of Uttar Pradesh and Madhya Pradesh.
On the occasion of World Water Day on April 22, a memorandum of agreement was signed between Union Minister of Jal Shakti and...</p>
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<br><small>March 22, 2021</small>
<p style="padding-top: 6px;">-The Hindu
Nearly 24 hours after the Centre’s request, the label remains.
The government does not have the power under the Information Technology Act to direct Twitter to remove the ‘manipulated media’ tag from certain tweets, experts said.
They say the Centre’s move raises concerns of censorship and...</p>
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<br><small>March 22, 2021</small>
<p style="padding-top: 6px;">-TheCitizen.in
The corporate capital has launched a final assault in its desparate bid to extricate itself from the worst crisis it has encountered.
Having swallowed industry, trade and finance, it has now turned its greedy eyes on land and peasantry, along with peoples’ assets in the public...</p>
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LATEST NEWS UPDATES | Loan moratorium case: Waiver of complete interest not possible, says Supreme Court </title>
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The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
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The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
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<br><small>March 23, 2021</small>
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Refusing to interfere with the government and RBI’s decision to not...</p>
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<br><small>March 23, 2021</small>
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Never mind what the bhadralok class thinks. The poll campaign has exploded the myth of Bengali exceptionalism.
As West Bengal is witnessing the pathology of the prevalent electoral politics, the illusory character of the “cultural capital” the Bengali bhadralok community boasts of is becoming...</p>
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<p style="padding-top: 6px;">-The Indian Express
The Ken-Betwa Link Project lies in Bundelkhand, a drought-prone region, which spreads across 13 districts of Uttar Pradesh and Madhya Pradesh.
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<br><small>March 22, 2021</small>
<p style="padding-top: 6px;">-The Hindu
Nearly 24 hours after the Centre’s request, the label remains.
The government does not have the power under the Information Technology Act to direct Twitter to remove the ‘manipulated media’ tag from certain tweets, experts said.
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<br><small>March 22, 2021</small>
<p style="padding-top: 6px;">-TheCitizen.in
The corporate capital has launched a final assault in its desparate bid to extricate itself from the worst crisis it has encountered.
Having swallowed industry, trade and finance, it has now turned its greedy eyes on land and peasantry, along with peoples’ assets in the public...</p>
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LATEST NEWS UPDATES | Loan moratorium case: Waiver of complete interest not possible, says Supreme Court
-The Indian Express
The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.
Refusing to interfere with the government and RBI’s decision to not...
-The Indian Express
Never mind what the bhadralok class thinks. The poll campaign has exploded the myth of Bengali exceptionalism.
As West Bengal is witnessing the pathology of the prevalent electoral politics, the illusory character of the “cultural capital” the Bengali bhadralok community boasts of is becoming...
-The Indian Express
The Ken-Betwa Link Project lies in Bundelkhand, a drought-prone region, which spreads across 13 districts of Uttar Pradesh and Madhya Pradesh.
On the occasion of World Water Day on April 22, a memorandum of agreement was signed between Union Minister of Jal Shakti and...
-The Hindu
Nearly 24 hours after the Centre’s request, the label remains.
The government does not have the power under the Information Technology Act to direct Twitter to remove the ‘manipulated media’ tag from certain tweets, experts said.
They say the Centre’s move raises concerns of censorship and...
-TheCitizen.in
The corporate capital has launched a final assault in its desparate bid to extricate itself from the worst crisis it has encountered.
Having swallowed industry, trade and finance, it has now turned its greedy eyes on land and peasantry, along with peoples’ assets in the public...
