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.
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
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.
Mumbai (Maharashtra) [India], Aug 13 (ANI/PRNewswire): Poonawalla Finance Private Limited, a systemically important non-deposit taking NBFC, has entered into an MOU to offer a collateral-free special term loan scheme with an aim to benefit over three lakh Chartered Accountants, who are the m
New Delhi [India], July 3 (ANI): PTC India Financial Services said on Friday that State Bank of India (SBI) has sanctioned it a term loan working capital augmentation (TLWC) of Rs 300 crore.
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.
New Delhi [India], May 12 (ANI): The government, the Reserve Bank of India (RBI) and banks need to collectively take measures to ensure that businesses do not collapse en masse due to COVID-19 impact and in turn push banks into a systemic failure, according to a study by lead industry body F
New Delhi [India], April 15 (ANI): Reacting to the highest-ever double-digit decline in monthly exports during March by 34.57 per cent at USD 21.41 billion, the Federation of Indian Export Organisations (FIEO) president Sharad Kumar Saraf on Wednesday said the spread of COVID-19 across the g
Mumbai (Maharashtra) [India], Sep 30 (ANI): Shares of Anil Ambani-led Reliance Capital touched a 52-week low of Rs 26.75 on Monday, declining 4.46 per cent during early hours after the company concluded the sale of its stake in Reliance Nippon Life Asset Management (RNAM).
New Delhi [India], Sept 11 (ANI): ICRA has downgraded the long-term rating assigned to Rs 315 crore term loans of Coffee Day Enterprises Ltd (CDEL) to D with negative outlook from BB plus.
Mumbai (Maharashtra) [India], Aug 29 (ANI): India Ratings and Research (Ind-Ra) has revised pharmaceutical and biotechnology major Wockhardt's short-term bank facilities and commercial paper to IND A4 plus from IND A3 and for long-term loan facilities rating to IND BB plus/negative from IND
New Delhi [India], Aug 21 (ANI): Rating agency CARE has revised its outlook on express distribution and supply chain solutions company Gati Ltd's long-term loans to negative from stable.