WHO calls for extension of moratorium on Covid booster doses
"We don't want any more promises. We just want the vaccines," said Tedros.
"We don't want any more promises. We just want the vaccines," said Tedros.
The bench pronounced the verdict in the case of Small Scale Industrial Manufacturers Association vs Union of India the judgment for which was reserved on December 17, 2020.
The top court, which posted the matter for hearing on November 2, told the advocates appearing for the Centre and banks that "Diwali is in your hand".
It added that it will seek parliament's permission for grants to enable the move.
While the moratorium ended on Monday, debt restructuring announced by the RBI recently can play a crucial role in supporting the credit profiles of the mid-sized companies.
The source further said that a longer moratorium period exceeding six months can impact credit behaviour of borrowers and increase the risks of delinquencies post resumption of scheduled payments.
The top court has granted one-week time to Solicitor General Tushar Mehta to file an affidavit clarifying Centre's stand and posted the matter for further hearing on September 1.
The telco reportedly gave assurance to its lenders saying that it will not seek loan restructuring or easing of terms of repayment.
On March 27, with an aim to ease burned on the borrowers during the COVID-19 lockdown, the central bank had extended the moratorium period by another three months till August 31.
The RBI Governor Shaktikanta Das announced that the Monetary Policy Committee of the central bank voted with to reduce the key-repo-rate to 4 per cent from 4.40 per cent.
