BRAND-NEW DELHI: State Bank of India, the largest bank in the nation, told the Supreme Court on Wednesday that 90%of debtors did not avail the moratorium till August 31 on repayment of loans through EMI to question the brouhaha brought on by PILs over waiver of interest on interest accumulated on delayed EMIs.
Standing For SBI, senior supporter
Mukul Rohatgi
said, “Almost 90%of borrowers have actually not availed the moratorium and are paying their EMIs routinely throughout the lockdown duration. If on one hand the substance interest in deferred EMIs are not charged from debtors, and on the oth