Indianomics: SC rejects curiosity waiver plea; specialists talk about implicationsThe Supreme Court (SC) at this time provided a partial victory to banks, to Reserve Bank of India (RBI) and the federal government, because it rejected pleas to increase the 6-month mortgage moratorium interval that was provided by the Reserve Bank final 12 months. Rajnish Kumar, former SBI chairman, NS Vishwanathan, former RBI Deputy Governor, Suresh Ganapathy of Macquarie Capital Securities and Nilang Desai, Partner at AZB and Partners, mentioned the influence of the selections on the banking ecosystem.
