'Loan moratorium extendable for 2yrs as per Covid impact'

The government and RBI -- through solicitor general (SG) Tushar Mehta -- informed the Supreme Court that the moratorium on repayment of loans could be extendable for 2 years. "We are in the process of identifying the distressed sectors to vary benefits as per the (Covid-19) impact of hit they have taken," the SG said.

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