SC TO RBI: ‘ECONOMICS IS NOT HIGHER THAN PEOPLE’S HEALTH'

Highlights

• Reserve Bank of India has extended the loan moratorium till August 31

• In its affidavit, the RBI said the interest waiver will bring in losses worth Rs 2 lakh crores for the banks

• The next date of hearing in this issue is June 12

The decision made by the Reserve Bank of India of extending the loan moratorium for further three months brought in some relief for the borrowers ....