Search For "moratorium"
Economic aspect not higher than people's health: SC after RBI says interes
Updated : 5 years, 9 months ago IST
New Delhi [India], June 4 (ANI): Economic aspect is not higher than the health of the people, the Supreme Court told the Reserve Bank of India (RBI) on interest waiver during loan moratorium.
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RBI cautions SC of Rs 2 lakh crore loss if interest is waived off during l
Updated : 5 years, 9 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, 9 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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T&D equipment suppliers likely to be resilient to business disruptions: In
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): India Ratings and Research (Ind-Ra) said on Monday the slowdown in construction and infrastructure activities due to more than 60 days of nationwide lockdown will impact the revenue growth of transmission tower suppliers in near term.
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FICCI welcomes RBI's move to cut repo rate, extension of loan repayment mo
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Federation of Indian Chambers of Commerce and Industry (FICCI) Secretary-General Dilip Chenoy on Friday lauded the Reserve Bank of India's (RBI) decision to slash the repo rate and reverse repo rate and extension of the loan repayment moratorium.
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Equity indices in red after RBI rate cut, banking stocks down as loan mora
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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Industry appreciates RBI rate cut, loan moratorium extension
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Industry experts on Friday largely welcomed the Reserve Bank of India's measures to increase private consumption and provide liquidity access to all sectors hit by the Covid-19 pandemic.
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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suffer as mo
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
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RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
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RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
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Delhi LG Anil Baijal tells civic bodies to be people-friendly
Updated : 5 years, 10 months ago IST
New Delhi [India], May 21 (ANI): Lieutenant Governor of Delhi Anil Baijal has written to Delhi Development Authority, civic bodies, Police and Municipal Corporations and the Delhi Government, suggesting they take relief measures to help people through proactive steps including automatic rene
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SC issues notice to Centre, RBI over plea seeking clarity on loan moratori
Updated : 5 years, 10 months ago IST
New Delhi [India], May 15 (ANI): The Supreme Court on Friday issued notices to the Central government and the Reserve Bank of India (RBI) on a plea seeking clarification whether all non-banking finance companies are eligible for loan moratorium or not.
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