RBI seeks Rs 2 lakh crore loss to banks in bank moratorium case
Video description:
Bank of India and IBA are said to oppose waiving interest in the moratorium period. The Supreme Court had asked the Reserve Bank of India to consult finance ministry, as there was a petition filed in the Supreme Court by a borrower in regards to the waiver on interest in the moratorium period. The response to the Supreme Court by Reserve Bank of India was to allow the waiver on interest. It is said that it will impact the financial liability of the banks and impact the financial stability of the overall system. It is also said that the bankers do charge revenue for the banks and it would end up impacting the overall interest of the depositors. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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