Search For "repayment"
Madurai Women's Association files petition seeking extension for loan repa
Updated : 5 years, 7 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, 7 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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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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Cabinet approves to 2 pc interest subvention on repayment of Shishu loans
Updated : 5 years, 8 months ago IST
New Delhi [India], June 24 (ANI): The Union Cabinet on Wednesday approved a scheme for interest subvention of two per cent for 12 months to all eligible Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY).
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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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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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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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Cabinet approves extension of repayment date for short-term agriculture lo
Updated : 5 years, 9 months ago IST
New Delhi [India], June 1 (ANI): The Union Cabinet on Monday gave its approval to extend repayment date up to August 31 for standard short-term loans up to Rs 3 lakh given for agriculture and allied activities by banks.
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Blue Star raises Rs 350 crore through issuance of unsecured NCDs
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Air conditioning and commercial refrigeration major Blue Star said on Monday it has completed the raising of Rs 350 crore through the private placement of non-convertible debentures (NCDs).
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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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FICCI welcomes RBI's move to cut repo rate, extension of loan repayment mo
Updated : 5 years, 9 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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