Search For "loan repayment"
Cabinet approves grant of moratorium to Cochin Port Authority on repayment
Updated : 3 years, 11 months ago IST
New Delhi [India], June 14 (ANI): A three-year moratorium has been granted to Cochin Port Authority for repayment of loans amounting to Rs 446.83 crore to the central government.
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Kotak Mahindra Bank introduces a DIY Digital Repayment platform, in tie-up
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 18 (ANI/PRNewswire): To deliver a superior repayment experience for customers and increase efficiencies, Kotak Mahindra Bank (KMBL) today announced that it has deployed a secure, Do It Yourself (DIY) Digital Repayment Platform for missed loan repayments,
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Rahul urges Sitharaman to extend moratorium on repayment of short-term cro
Updated : 4 years, 10 months ago IST
New Delhi [India], July 30 (ANI): Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging the Centre to extend the moratorium on repayment of short-term crop loans of farmers to December 31.
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Banks' asset quality remains monitorable despite lower increase in NPAs: I
Updated : 5 years, 1 month ago IST
New Delhi [India], April 6 (ANI): Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to remain monitorable, ICRA Ratings has said.
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SC to resume hearing on pleas seeking extension of moratorium, waiver inte
Updated : 5 years, 8 months ago IST
New Delhi [India], September 2 (ANI): The Supreme Court will continue tomorrow hearing on two petitions seeking an extension of the moratorium period on repayment of loans and to waive off the interest on interest on the loan amount in view of the COVID-19 pandemic.
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SC tags pleas seeking to extend moratorium period, forego interest on loan
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 28 (ANI): The Supreme Court on Friday tagged a petition, filed by advocate Vishal Tiwari seeking directions to extend the moratorium period to help borrowers in deferring their EMI payment on term loans amid the pandemic, with another pending plea.
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Madurai Women's Association files petition seeking extension for loan repa
Updated : 5 years, 9 months ago IST
Madurai (Tamil Nadu) [India], Aug 4 (ANI): A petition was filed with the district collector on behalf of the Madurai Women's Association on Tuesday against a private micro accounting company, seeking an extension of the installment period till March 2021, alleging that homeless women were be
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SBI providing USD 16 million liquidity support for local businesses in Mal
Updated : 5 years, 10 months ago IST
Male [Maldives], July 28 (ANI): The State Bank of India (SBI) is providing liquidity support of USD 16.20 million for local businesses and deferred loan repayment for over 200 retail accounts, the Indian High Commission in the Maldives said on Monday.
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Centre has to take a stand on issue of interest on loans during moratorium
Updated : 5 years, 11 months ago IST
New Delhi [India], June 17 (ANI): The Supreme Court on Wednesday pulled up the Central government and asked it to step up and take a stand over the issue related to charging interest on EMIs during the six month moratorium period granted in view of COVID-19 pandemic.
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45 pc of Finway customers have taken moratorium pan-India
Updated : 5 years, 11 months ago IST
New Delhi [India], June 10 (ANI): Non-banking financial company (NBFC) Finway on Wednesday expressed concern regarding current loan repayments in the country and mindset of borrowers.
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RBI cautions SC of Rs 2 lakh crore loss if interest is waived off during l
Updated : 5 years, 11 months ago IST
New Delhi [India], June 4 (ANI): The Reserve Bank of India (RBI) filed an affidavit before the Supreme Court stating to not allow the petition seeking a waiver of interest for six month moratorium period on loan repayments during this COVID-19 period.
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Loan moratorium extension a credit negative for NBFIs' liquidity: Moody's
Updated : 5 years, 12 months ago IST
Singapore, June 1 (ANI): The extension of a moratorium on loan repayments to their customers until September 1 is credit negative for the liquidity profile of non-bank financial institutions (NBFI), according to Moody's Investors Service.
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