SC TO RBI, CENTRE: DECIDE ON WAIVER OF INTEREST IN 3 DAYS

Highlights

• The Supreme Court directed the Centre to come up with a response on the waiver of interest

• The three-member bench led by Justice Sanjay Kishan Kaul said the only concern for the court is whether the banks are planning to charge interest on interest or not

• The Government said that it would be holding a meeting with the RBI and all the stake holders this weekend and will submit the re....