 "RBL Bank: A capital guzzler among private banks")
Financial sector stocks moved higher by up to 6 per cent in late noon trade on Friday, bouncing back 13 per cent from day’s low on the BSE on Friday, after the Supreme Court gave three days to Finance Ministry, Reserve Bank of India (RBI) to decide on moratorium period interest.
According to an IANS report, the top court, during the hearing, indicated that it was not considering a complete waiver of interest, but was only concerned that postponement of interest shouldn't accrue further interest on it.
According to an IANS report, the top court, during the hearing, indicated that it was not considering a complete waiver of interest, but was only concerned that postponement of interest shouldn't accrue further interest on it.
The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene
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