On Tuesday, the Central Government informed the Supreme Court that the loan moratorium might be extended by two years. A three-judge bench headed by Justice Ashok Bhushan heard two pleas filed by Gajender Sharma and lawyer Vishal Tiwari. The plea sought the extension of moratorium period to help buyers in putting off their EMI payments on term loans amid the pandemic. The Apex court said this matter will be discussed in the next hearing on 2nd September.
*Please create a profile first to EARN & REDEEM points
Centre tells Supreme Court loan moratorium might be extended by two years
We are building a board of industry expert to help us verify important news stories. If you would like to empanel yourself, please click here.