Search For "moratorium"
Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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Record decline in securitisation volumes due to Covid-19: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 4 (ANI): The securitisation volumes declined substantially in Q1 FY21 to Rs 7,500 crore from Rs 50,300 crore in Q1 FY20 primarily due to disruptions caused by the Covid-19 pandemic, investment information firm ICRA said on Tuesday.
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Don't extend loan moratorium, able corporates not re-paying loans: Parekh
Updated : 5 years, 8 months ago IST
New Delhi [India], July 27 (ANI): Individuals and corporates having the ability to re-pay their loans are not doing so by taking advantage of the moratorium given by Reserve Bank of India (RBI), HDFC Chairman Deepak Parekh said on Monday.
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Discussion on with Sri Lanka concerning debt repayment moratorium: MEA
Updated : 5 years, 8 months ago IST
New Delhi [India], July 9 (ANI): India on Thursday said that discussion with Sri Lanka on the debt repayment postponement sought by it is progressing and technical level discussions were underway.
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India's NBFI liquidity and asset-quality risks remain elevated: Fitch
Updated : 5 years, 8 months ago IST
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
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RBL Bank's Chatbot 'RBL Cares', now enables banking transactions
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI/BusinessWire India): RBL Bank has now enabled additional banking transactions and added a host of new features to 'RBL Cares', its AI-powered conversational Chatbot that can provide real-time customer service assistance on a range of questions relat
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Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 9 months ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
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Kanimozhi writes to Sitharaman to consider waving interest on loans taken
Updated : 5 years, 9 months ago IST
New Delhi [India], June 25 (ANI): DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank of India (RBI), requesting her to consider waiving the interest amount on loans taken by women self-help groups (SHGs) for moratorium per
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Centre has to take a stand on issue of interest on loans during moratorium
Updated : 5 years, 9 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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SC asks RBI, finance ministry officials to decide on EMI interests during
Updated : 5 years, 9 months ago IST
New Delhi [India], June 12 (ANI): The Supreme Court on Friday asked the officials of the Finance Ministry and the Reserve Bank of India (RBI) to convene a joint meeting within three days to decide whether interest on EMIs during the six month moratorium period can be charged by banks or n
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45 pc of Finway customers have taken moratorium pan-India
Updated : 5 years, 9 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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MLS lifts moratorium to allow clubs to return to full team training
Updated : 5 years, 9 months ago IST
New York [US], June 5 (ANI): The Major League Soccer (MLS) on Thursday announced the lifting of training moratorium, permitting clubs to return to full team training.
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