Search For "moratorium"
SC adjourns to Dec 2 hearing on plea seeking extension of loan moratorium
Updated : 5 years, 3 months ago IST
New Delhi [India], November 27 (ANI): The Supreme Court on Friday adjourned to December 2 hearing on pleas seeking extension of the loan moratorium period and waiver of interest on term loans in view of the COVID-19 pandemic.
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What Singapore analysts say about DBS takeover of Lakshmi Vilas Bank
Updated : 5 years, 4 months ago IST
Singapore, November 23 (ANI): Last week, news emerged that DBS Bank (DBS), Southeast Asia's largest lender, has proposed to fold Indian Bank Lakshmi Vilas Bank (LVB) into its Indian subsidiary, DBS Bank India Limited (DBSIL).
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SC adjourns hearing on loan moratorium case till next week
Updated : 5 years, 4 months ago IST
New Delhi [India], November 19 (ANI): The Supreme Court on Thursday adjourned the hearing on the loan moratorium case till next week and asked the power producers to give suggestions on loan relief to RBI.
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SC adjourns interest waiver case to November 19
Updated : 5 years, 4 months ago IST
New Delhi [India], November 18 (ANI): The Supreme Court on Wednesday adjourned the hearing for tomorrow on the petitions seeking direction for waiving of interest on loan during the moratorium period introduced during the Covid-19 pandemic times.
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People complain of inconvenience after Centre sets withdrawal limit of Rs
Updated : 5 years, 4 months ago IST
Karnataka, Tamil Nadu [India], November 18 (ANI): Following the Centre's placement of Lakshmi Vilas Bank (LVB) under a moratorium for 30 days and the withdrawal limit capped at Rs 25,000 till December 16, the bank account holders are complaining of inconvenience.
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SC defers hearing over loan moratorium extension to Nov 18
Updated : 5 years, 4 months ago IST
New Delhi [India], November 5 (ANI): The Supreme Court on Thursday deferred hearing on the petitions seeking an extension of loan moratorium and waiver of interest on interest on term loans during the six-month COVID-19 moratorium period.
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39 per cent customers have availed loan moratorium scheme, will pass on be
Updated : 5 years, 4 months ago IST
New Delhi [India], November 3 (ANI): Around 38.92 per cent customers of Punjab National Bank have availed the moratorium scheme announced by the Reserve Bank of India (RBI), bank's Managing Director (MD) and Chief Executive Officer (CEO), SS Mallikarjuna Rao said on Tuesday.
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SC defers to Nov 5 hearing on pleas seeking an extension of loan moratoriu
Updated : 5 years, 4 months ago IST
New Delhi [India], November 3 (ANI): The Supreme Court on Tuesday deferred to November 5 hearing on the pleas seeking an extension of the loan moratorium and waiver of interest on term loans during the six-month moratorium period.
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RBI directs lending institutions to implement scheme for waiver of interes
Updated : 5 years, 5 months ago IST
New Delhi [India], October 27 (ANI): The Reserve Bank of India (RBI) has directed all lending institutions to implement provisions of the scheme for grant of ex-gratia payment of the difference between compound and simple interest from March 1 to August 31 to borrowers in specified loan acco
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Centre files affidavit before SC in loan moratorium case
Updated : 5 years, 5 months ago IST
New Delhi [India], October 25 (ANI): The Central Government has filed its detailed affidavit before the Supreme Court in connection with the loan moratorium case where it has stated that the interest waiver scheme can be availed by borrowers in specified loan accounts for a period from March
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COVID: No interest on interest for loans up to Rs 2 crore during moratoriu
Updated : 5 years, 5 months ago IST
New Delhi [India], October 24 (ANI): The Ministry of Finance has approved a scheme to provide relief in interest compounding to borrowers for the six-month loan moratorium period extended in view of the COVID-19 pandemic.
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Bring something concrete, common man's Diwali in govt's hand: SC on loan r
Updated : 5 years, 5 months ago IST
New Delhi [India], October 14 (ANI): The Supreme Court on Wednesday denied the Central government's request seeking one month's time to implement the interest waiver on loans of up to Rs 2 crore and observed that it is not fair on the government's part to delay the implementation of its deci
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