www.courtkutchehry.com YOUTUBE VIDEOS- PETITIONS FILED IN THE SUPREME COURT SEEK EXTENSION OF RBI’S LOAN MORATORIUM
CourtKutchehry.com & “ Peritia Law Chambers ” bring to you an easier way to stay informed on all the legal happenings across the country. Advocate Sanam Siddiqui decodes the law, & her videos are just what you need, when you don’t have the time to read. Her Legal channel is called The-Brief. The-Brief is the easiest way for you to stay informed about legal & current affairs. TOPIC Petitions filed in the Supreme Court seek extension of RBI’s loan moratorium On March 27 the RBI instructed banks to allow moratorium of 3 months for term loans that is till May 31. On May 22, the moratorium period was extended till August 31. A writ petition filed by Coimbatore Jewellery Manufacturers Association in the hon’ble Supreme Court seeks extension of RBI’s loan moratorium beyond August 31 for an additional period of 18 months. The petition submits that "banks have failed to pass on the benefits of reduced rates of interest to their customers despite multiple cuts in policy...