SC asks govt, RBI to put K V Kamath panel's debt recast report on record

Case hearing adjourned to Oct 13 by when Centre and RBI will submit additional affidavits to chalk out steps to bring shape to proposals made on waiver of interest on interest for small borrowers

The Supreme Court on Monday asked the Centre and the Reserve Bank of India (RBI) to place on record the KV Kamath committee's recommendations on Covid-19-related debt restructuring, opening a new dimension in the ongoing case related to the interest waiver on loans during the moratorium period.
 
A Bench comprising Justices Ashok Bhushan, R Subhash Reddy, and M R Shah adjourned the hearing until October 13, by when the government and the RBI will submit additional affidavits suggesting steps to bring into shape the recommendations made on waiver of compound interest for small borrowers.
 
The RBI had appointed