Search For "moratorium"
SC to resume hearing on pleas seeking extension of moratorium, waiver inte
Updated : 5 years, 6 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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Loan moratorium may be extended by two years: Centre tells SC
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 1 (ANI): The Central government submitted before the Supreme Court on Tuesday that the loan moratorium period may get extended by up to two years in view of the ongoing COVID-19 pandemic and its impact on the economy.
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SC tags pleas seeking to extend moratorium period, forego interest on loan
Updated : 5 years, 7 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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RBI to follow calibrated unwinding of emergency measures post-COVID: Gover
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday.
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Resolution framework to give durable relief to borrowers facing COVID-19 r
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): While the Reserve Bank of India's (RBI's) moratorium on repaying loans was a temporary solution in the context of COVID-19 lockdown, the resolution framework is expected to give a durable relief to borrowers facing the pandemic-related stress, Gove
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SC asks Centre to reply on giving moratorium
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 26 (ANI): The Supreme Court asked the Centre to file a reply and make its stand clear on giving moratorium on charging interest on loan as well as interest-on-interest during moratorium period declared during coronavirus pandemic.
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Extend moratorium period for repayment of loans, provide financial assista
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 24 (ANI): A petition was moved in the Delhi High Court on Monday seeking directions to the Central government and the Reserve Bank of India (RBI) to extend the moratorium period for repayment of term loan and credit cards for another 12 months or until the COVID-19 sit
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RBI moratorium on repaying loans should not be extended: PNB
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 24 (ANI): Punjab National Bank said on Monday that the moratorium on repaying loans till August 31 as announced by the Reserve Bank of India (RBI) should not be extended as green shoots are emerging in the economy.
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Plea in SC seeks to extend moratorium period till Dec 31
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 22 (ANI): A petition has been filed in the Supreme Court seeking directions to all the banks to extend the moratorium period till December 31 to ensure helping the borrowers in deferring their EMI payment on term loans.
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India won't be able to provide employment to its youth in coming time: Rah
Updated : 5 years, 7 months ago IST
New Delhi [India], August 20 (ANI): Asserting that a large number of small and medium businesses will shut down after the moratorium period, Congress leader Rahul Gandhi on Thursday said the country will soon not be able to provide employment to its youth for the first time in its history
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No common benchmark for reporting portfolio under moratorium creating disc
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): The absence of a common benchmark for lenders for reporting loans under moratorium has led to mismatches between the data in financial stability report published by the Reserve Bank of India (RBI) and the reported data of individual banks, India Rat
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Ind-Ra affirms IDFC First Bank's debt instruments at AA-plus with negative
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): India Ratings and Research (Ind-Ra) has affirmed private sector lender IDFC First Bank's debt instruments ratings at AA-plus with a negative outlook.
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