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2 mins read
Supreme Court defers loan moratorium case hearing to October 13 — gives RBI and the government another week to file additional affidavits
The Supreme Court of India has granted the Reserve Bank of India (RBI) and the Central Government a…
2 mins read
RBI and banks caught in the crosshairs as the Supreme Court adjourns loan moratorium hearing for a second time to November 18
The bench headed by Justice Ashok Bushan has adjourned the cases to November 18. It has, however…
2 mins read
Loan moratorium — Supreme Court gives government till Thursday to file affidavit, next hearing scheduled for October 5
The issue of accruing interest on loans that opted for the Reserve Bank of India’s (RBI) moratorium…
3 mins read
Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13
Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…
3 mins read
Supreme Court reserves verdict on extension of loan moratorium period
The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…
2 mins read
Supreme Court told that blanket waiver of moratorium loans would take ₹6 lakh crore and wipe out the net worth of banks
The Centre on Tuesday informed the Supreme Court that it would have to forego more than Rs 6 lakh c…
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Supreme Court wants the government to give 'clear plan' on moratorium loan interest waiver by November 2 — 'Diwali is in your hands now'
The Supreme Court has set the deadline of November 2 for the ongoing case on whether or not the int…
3 mins read
Loan moratorium case: India’s power sector players want the Supreme Court to ‘plug’ the loopholes in RBI’s restructuring scheme
“The circular of the RBI dated October 6 has created inadvertent exclusions,” Singhvi told the c…
2 mins read
Supreme Court says banks are free to restructure loans, but can't penalise borrowers availing moratorium benefit
Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan fr…
PTI
4 mins read
Bank stocks gain as Supreme Court defers verdict on loan moratorium case to October 5
At the time it gave the government another two weeks to file a detailed affidavit after Solicito…
2 mins read
Supreme Court verdict on loan moratorium case deferred to November 5
"These moratorium matters were listed yesterday but they came up today.I am requesting for an adjou…
PTI
1 min read
Interim relief from Supreme Court on loan moratorium — says banks must not declare accounts as NPAs for two months
The Supreme Court hasn’t directly extended the moratorium on repayment of loans but it has hit paus…
1 min read
SC seeks reply of Centre, RBI on plea of CREDAI on loan moratorium
On March 27, RBI had issued slew of measures to check financial impact of the nationwide lockdown …
PTI
2 mins read
Interest rate waivers for bank loans during moratorium will harm depositors: AIBDA
Meanwhile, on June 12, the Supreme Court had asked the Centre and the Reserve Bank of India (RBI) …
PTI
2 mins read
SC issues notice to Centre, RBI on plea against interest on loans during moratorium
The plea, filed by Agra resident Gajendra Sharma, has sought a direction to declare the portion of …
PTI
3 mins read
SBI, HDFC Bank, Axis Bank and other bank stocks tread caution as they wait with bated breath for Supreme Court verdict on moratorium
According to Solicitor General Tushar Mehta, a committee had been …
2 mins read
The CEO of a major student-loan lender says he doesn't support broad debt relief and that borrowers 'that are capable of paying need to be put back into payment'
Programs like Biden's student-debt cancellation are being used "to subsidize people that don't need…
Ayelet Sheffey
2 mins read
Biden's Education Dept. just announced a new office to 'vigorously investigate' schools' student-loan and federal aid abuses
In Biden's latest action cracking down on the student-loan industry, the Office of Enforcement will…
Ayelet Sheffey
3 mins read
The student-loan industry could face a crackdown as yet another Elizabeth Warren ally takes a top oversight job for Biden
The Senate confirmed Rohit Chopra, who used to be a student-loan watchdog, to lead the Consumer Fin…
Ayelet Sheffey
2 mins read
SC directs RBI to ensure its moratorium circular is implemented in its letter and spirit
On March 27, RBI had issued slew of measures to check financial impact of the nationwide lockdown a…