 "Supreme Court")
The government should not prioritise economics over health, the Supreme Court said on Thursday. The observation came a day after the Reserve Bank of India (RBI) filed an affidavit saying it was against a forced waiver of interest during the six-month moratorium period as it would affect the financial health of banks and jeopardise the interests of depositors.
The court observed that such a stand was “detrimental”, and sought a response from the finance ministry and the RBI. “While on one end you are granting moratorium, on the other nothing (no relief) on interest. This is more detrimental in such challenging
