The Supreme Court was expected to decide the moratorium interest waiver issue on Wednesday. However, the hearing had to be deferred until Thursday. Irrespective of the nature of the judgement, the banking system would be facing severe challenges in the coming quarters. Business Standard opinion pieces for the day, among other things, talk about bad loans in the banking system.
The policy response to emerging challenges in the financial system will have a bearing on India’s potential growth in the medium to long run, argues our lead editorial
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