Moratorium

Crypto exchange platform WazirX, which lost $230-million in a cyberattack last month, has filed an application with a Singapore court seeking a moratorium to allow it some time to restructure its liabilities.

SpiceJet case: Study impact of recent IBC notification on aviation leases, NCLT tells lessors

The cases have now been deferred and are likely to come up for hearing on November 7. Meanwhile, the lessors and SpiceJet will have to analyse the impact of the notification in the present case

FM Sitharaman calls for policy change in WTO on electronic transmissions

The World Trade Organisation Ministerial Conference had last year extended the moratorium on taxation on e-commerce transactions, but with a deadline of 2024.

Crypto investors take to Twitter over problems in cash withdrawals

“When this will get resolved, all our hard earnings has been blocked...,” a BitBns user complained on Twitter.

Cabinet may consider relief package for telecom sector on September 15

The relief package under consideration includes telecom firms getting an option to convert interest on spectrum dues of the four-year moratorium period into government equity, three sources with the knowledge of the development said.

Vodafone Idea approaches DoT, seeks 1-year moratorium on Rs 8,200 crore spectrum instalment due in 2022

VIL has also rued the lack of movement on floor price regulation that aimed 'to address the current situation of predatory pricing and losses'.

Post-moratorium phase: Get interest credit on loans and reassess personal debt

The government has asked lenders to credit excess interest charged to eligible borrowers, latest by November 5, 2020

HDFC Bank: Resilient performance will drive valuation re-rating

Given the stellar performance and the high probability of the valuation getting re-rated, HDFC Bank is a must buy stock and should form part of every investor’s core portfolio

This small-sized housing finance company shines amid challenging times

Considering Aavas’s growth potential, we believe that the premium valuation will sustain

We advise against loan restructuring if customers can afford to pay: Federal Bank

Loan restructuring could impact their interest costs and credit score

Can loan restructuring provide long-term relief to COVID-impacted borrowers?

Its success will primarily depend on how well lenders implement it and how fast our economic activities bounce back

Spandana Sphoorty -- Business getting back on track, will the stock price follow?

The third largest NBFC-MFI in terms of assets managed as of June has seen its collection efficiency improving from a mere 2 per cent in April to 92 per cent in August

All about the loan restructuring schemes of SBI and HDFC Bank

You will have to bear an increased debt burden for up to two years if you opt for restructuring

Post moratorium blues: How should borrowers deal with their EMIs now?

Taking a loan to pay off another, shifting one credit card over dues to another is a sure shot way for getting into a debt trap

Business Insight | Finance ministry committee to assess loan moratorium interest waiver

In this edition of Business Insight find out how the impact of the six-month moratorium will be assessed before the SC deadline.

Despite RBI's instructions, credit bureaus cut borrowers' scores

While companies do typically change credit scores after defaults or delays in loan repayments, the central bank had asked credit bureaus to avoid taking steps that adversely impact borrowers' credit history.

Supreme Court gets blunt towards an evasive government

What the court is really nudging the government to do is not to put the burden on banks but itself pick up the tab of interest waived for the moratorium period

CSB Bank: Don’t miss this turnaround opportunity

CSB Bank is on its way to transform into a new age bank with a wider presence, offering varied products and using the latest available technology solutions for its operations

City Union Bank: Does the stock deserve a look despite asset quality risks and premium valuations?

We believe CUB’s consistent performance across credit cycles and conservatism justifies its premium

Loan moratoriums and saved EMIs: What did borrowers do with the surplus?

From building an emergency corpus to investing the surplus for later lump-sum repayment, borrowers have taken different courses

All about RBI’s prescription to combat COVID-19 stress

The apex bank’s recent announcements address the need to restructure personal loans but do not go as far as to address the whole body of home loans which would’ve provided much needed relief to the homebuyers

DCB Bank: Should investors bet on low valuation?

DCB Bank's ability to maintain its asset quality in the near term will be crucial

Weekly Tactical Pick – SBI

SBI’s current valuation is pricing in most concerns and assigning a huge discount for it being a public sector entity

Restructuring replaces moratorium – Who has the last laugh?

HDFC Bank will be the biggest beneficiary of this move as it has the largest proportion of retail loans