......."Once these affidavits are filed, the court can assess whether the action of the lending institutions is in accordance with the master circulars issued by the Reserve Bank of India and whether any further direction of the court would be necessary to protect the interests of the farmers in the region," the Division Bench said. The court made the aforesaid observation in the light of the RBI's submission that it had issued "master circulars" on July 1, 2010 and July 1, 2013 "laying down guidelines for relief measures to be taken by banks in areas affected by national calamities". .........
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