Pulling up the Centre for “hiding behind the Reserve Bank of India” (RBI), the Supreme Court on Wednesday asked it to clarify its stand within a week on the waiver of interest on loan repayments during the moratorium period.
A Bench headed by Justice Ashok Bhushan said the government had failed to clear its position on the issue despite the fact that ample powers were available with it under the Disaster Management Act.
Solicitor General Tushar Mehta said, “My Lordships may not say that. We are working in coordination with the RBI.”
The Bench, also comprising Justices