Petition In SC Asks Contempt Of Court Action Against RBI Governor
Contempt of court petitions has been filed in the Supreme Court against the RBI Governor Shaktikanta Das and others for allegedly violating court’s order on loan moratorium case. In his plea, the petitioners have blamed the RBI for flouting Apex Court’s September 3 guideline and declaring NPA without giving a mandatory 90-day notice. Earlier, the court had asked the financial institutions to grant relief to borrowers during the pandemic.