May 05, 2021 01:22 PM IST
The RBI has not announced a blanket moratorium like it did in 2020 but has allowed borrowers time to repay and restructure loans. Read on
- May 03, 2021 10:55 PM IST
The CM has also requested that the deadline for the payment of principal and interest instalments against the business loan be extended by at least three months, official said.
- Apr 01, 2021 11:24 AM IST
While borrowers and businesses may be entitled to relief from the pandemic, it should not be at the cost of the banking system
- Mar 22, 2021 08:41 PM IST
On November 27 last year, the top court had asked the Centre to ensure that all steps be taken to implement its decision to forego interest on eight specified categories of loans paid up to Rs 2 crore in view of the coronavirus pandemic.
- Dec 29, 2020 06:12 PM IST
With the loan moratorium coming to an end, the deadline for restructuring proposals is fast approaching and with the possible lifting of the asset quality standstill, banks’ financials are likely to be impacted in terms of asset quality and future income.
- Dec 29, 2020 05:23 PM IST
During 2019-20 and first half of 2020-21, scheduled commercial banks (SCBs) consolidated the gains achieved after the turnaround in 2018-19, the RBI report said.
- Dec 14, 2020 09:01 AM IST
A bench comprising of Justices Ashok Bhushan, R Subhash Reddy and MR Shah had deferred the matter of interest waiver during the last hearing on December 9
- Dec 08, 2020 09:19 PM IST
The Supreme Court is hearing a batch of pleas of various bodies including from real estate and power seeking sector wise relief in view of the COVID-19 pandemic.
- Nov 19, 2020 09:05 AM IST
SC hearing on Loan Moratorium LIVE Updates: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah is hearing the loan moratorium and interest waiver case
- Nov 18, 2020 01:30 PM IST
SC on Loan Moratorium: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah adjourned the case to today
- Nov 03, 2020 09:32 AM IST
SC on Loan Moratorium LIVE updates: A bench headed led by Justice Ashok Bhushan will resume hearing please seeking complete waiver of interest during the moratorium period on November 5.
- Oct 27, 2020 11:10 AM IST
The Ministry of Finance had released the guidelines of the interest on interest waiver scheme on October 24.
- Oct 26, 2020 12:52 PM IST
An end to the interest waiver case will remove uncertainty over bank earnings
- Oct 26, 2020 12:33 PM IST
Who is eligible to avail the compound interest waiver scheme?
- Oct 24, 2020 01:51 PM IST
The government has released guidelines to implement the interest on interest waiver scheme. Here are all the details on what exactly the compound interest waiver scheme involves, who will benefit, eligibility criteria to avail the interest waiver scheme and other important details.
- Oct 15, 2020 05:21 PM IST
A three-judge bench asked Solicitor General Tushar Mehta what the Centre has done for the implementation of its notification for giving relief to borrowers.
- Oct 14, 2020 06:15 PM IST
The had announced a moratorium on repayment of term deposits for 3 months citing COVID-19 pandemic in March. Later it was extended till August 31 to give borrowers more time to clear payments of EMIs, without being classified as NPAs.
- Oct 13, 2020 09:34 AM IST
SC on Loan Moratorium LIVE: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah assembled at 12 noon and announced that the matter will be taken up at the end of board (i.e. after all other cases in the list have been heard)
- Sep 25, 2020 06:06 PM IST
The financial sector will witness severe stress with the extension of the moratorium and restructuring being planned, says Brickwork Ratings
- Sep 11, 2020 04:27 PM IST
Interest waiver and loan moratorium started as an RBI scheme — and not as a government scheme to provide relief to borrowers. Ironically, now the RBI is a mute spectator
- Sep 07, 2020 03:07 PM IST
He has urged the prime minister to instruct the Finance Ministry and the RBI to include farm and agricultural loans in the moratorium package
- Sep 07, 2020 09:52 AM IST
Private consumption will be slow to pick up and this will delay the recovery in corporate investment, according to the CRISIL managing director and CEO.
- Sep 04, 2020 11:44 AM IST
A strong banking system is a necessary condition for sustainable and broad-based economic recovery
- Sep 03, 2020 07:40 PM IST
The SC’s order may give temporary relief to those corporate borrowers who are on the verge of a default. The next hearing will be on September 10
- Sep 03, 2020 02:43 PM IST
With economic activity gathering pace following the announcement of Unlock guidelines, temporary measures would not be a viable solution to address the cashflow issues of borrowers