You Searched For "loan moratorium interest waiver" and got 20 results
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10 mins read
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tangalakis-Lippert
3 mins read
India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic
India’s apex court has ordered the waiver of interest on interest on all loans under moratorium, no…
2 mins read
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…
2 mins read
RBI directs banks and NBFCs to comply with interest waiver scheme
The Reserve Bank of India (RBI) has notified the Centre's scheme for ex-gratia payment of differenc…
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…
4 mins read
₹2.5 lakh crore farm loan waivers announced – half received and 80% didn't even need them
In Chhattisgarh, all the 100% eligible farmers have received the loan waiver.
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…
4 mins read
Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow
Axis Bank, India’s third-largest private sector lender after HDFC Bank and Kotak Mahindra, isn’t ex…
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…
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…
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
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…
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
Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know
The Compound Interest Waiver Scheme was released by Indian’s Ministry of Finance on October 23. It …
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
2 mins read
Biden's new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like
Biden's administration released its first set of draft rules for its new student-loan forgiveness p…
Ayelet Sheffey
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
Biden's new student-loan forgiveness plan just began its 30-day public comment period — and anyone can tell the administration what they think of the relief
The draft text for Biden's new student-debt cancellation plan is out, and anyone in the public can …
Ayelet Sheffey
5 mins read
A student-loan worker who enrolled people in the first income-based debt-repayment plans says it was 'a bad program from the very beginning'
"We didn't even want to tell people about loan forgiveness ... because we knew how unlikely it woul…
Ayelet Sheffey
2 mins read
Loan moratorium still ends on Aug 31 while Supreme Court gives the government another week to clarify if accrued interest should be waived
The government has another week to decide whether interest that loans built up during the last six …