You Searched For "moratorium loan waiver" and got 20 results
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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
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…
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…
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…
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
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
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
3 mins read
Loan repayments will become due starting today — here are the options that borrowers have
The Reserve Bank of India’s (RBI) six-month moratorium came to an end on August 31, and payments ar…
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
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 …
3 mins read
India's banking stocks are on fire after top court allows them to call out bad loans
Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…
10 mins read
The Supreme Court shut down Biden's student loan forgiveness and refinancing startups are waiting to pounce
Private lenders promise big savings if you refinance your student loans — but the offers will…
Thomas Gokey
2 mins read
Loan moratorium: Most pvt banks go for "opt-in" option
Accordingly, joint liability group or self-help group lending, jewel lending, unsecured business l…
PTI
4 mins read
Waiver of interest charged during moratorium: SC asks Centre, RBI to hold meet in three days
"It is submitted that regulatory dispensations permitted by the Reserve Bank of India vide the afo…
PTI
5 mins read
Can I defer my credit card payments and FAQs on HDFC Bank’s moratorium process answered
We understand in this current situation there may be disruptions in business leading to low cash…