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Bank stocks rally post Supreme Court verdict in loan moratorium case

The SC said that no direction can be issued to the government or RBI to announce any particular financial packages or reliefs

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Nifty Bank index | Buzzing stocks | Markets

SI Reporter  |  Mumbai 

Loans, Retail loans

Bank stocks, on Tuesday, rebounded from their intra-day lows on the bourses after the Supreme Court rejected the pleas from various trade associations and corporate bodies to extend the six-month loan moratorium period offered by the Reserve Bank of India (RBI), adding that a complete waiver of interest during the moratorium cannot be granted either.

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First Published: Tue, March 23 2021. 11:27 IST
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