[Loan Moratorium And Waiver of Interest] Live Updates From Supreme Court

People with credits should not be given this benefit, they are purchasing, they dont have a loan, says Justice Bhushan

All credit card holders are given this privilege, SG says

But question is who uses your credit card, Justice Shah to SG

Out of the two of us, I’m the less miser so I use it! says SG

Stipulated directions to bank to do so, SG says

I’m a credit card holder and I received SMS for ex gratia credit, says SG

But people like you should not be getting this privilege. You don’t even need it, says SG.

Bank has to lodge claim to SBI for which a separate nodal agency is created, they’ll verify, take it from Government and then pay it, says SG 

We have taken a decision that those who have paid during moratorium cannot be punished. Availed, not availed, partly availed - all are eligible, SG says

It is the responsibility of bank to credit and not responsibility of borrowers, SG says

SG is taking the bench through how scheme works.

MSME & personal loans upto 2 crores eligible for waiver of compounding of interest, SG tells Supreme Court 

I want to satisfy my Lords conscience that whatever the DMA & Central government could do, it has done and there has been application of mind, says SG

Exercise taken by expert body and factors taken into account.

Now, they say we have not earmarked something specific sectors & that there is non-application of mind. I have nothing against them, says SG