kerala News

Kerala HC Opposes Bankers’ Panel’s Proposal for Loan Moratorium, Restructuring for Wayanad Landslide Survivors

Kochi: The Kerala High Court has expressed dissatisfaction with the State-Level Bankers’ Committee’s (SLBC) proposal for a loan moratorium and restructuring for Wayanad landslide survivors. A Division Bench orally observed that the recommendation was “not at all satisfying,” signaling concerns over the adequacy of relief measures suggested by the bankers’ panel.

The court’s remarks highlight the ongoing challenges faced by affected residents in securing financial relief following the disaster. Further proceedings and potential directives from the court are expected in response to the issue.

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