Loan Moratorium
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Banks Asked To Defer EMIs In Violence-Hit Manipur For Up To 12 Months
Banks in violence-hit Manipur have been told to extend the moratorium on loans up to 12 months, officials said today.
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SBI To Get Rs 973 Crore From Centre For Compensation Payment To Borrowers
The government on Wednesday approved sanction of Rs 973.74 crore to State Bank of India (SBI) as reimbursement related to loan moratorium that was implemented in 2020 amid the pandemic.
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Government Issues Norms To Recast Sugar Mills' Loans, Gives 2 Year Moratorium
Government has issued guidelines for restructuring of loans taken by sugar mills and providing eligible defaulting factories with two-year moratorium
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Union Cabinet Takes Decisions To Reform Telecom Sector. Read About Them Here
In a major reform push for the telecom sector in the country, the Union Cabinet on Wednesday cleared nine structural and five procedural reforms which are expected to reduce the financial burden off the cash strapped telecom firms and at the same time are also aimed at providing cash flow into the government's kitty, which would be used for install...
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Rahul Gandhi Seeks Moratorium On Repayment Of Short-Term Crop Loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term crop loans by farmers to December 31, 2021.
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Supreme Court Rejects Petition Asking For Fresh Loan Moratorium
The top court declined to pass an order on fresh loan moratorium and said the issues raised in the PIL are in the realm of policy decisions.
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Citing Vaccine Policy Change, MK Stalin Marks Next Goal For States
Buoyed by the change in Centre's vaccine policy, Tamil Nadu Chief Minister MK Stalin has written to his counterparts in 12 states, seeking their support in demanding moratorium on loans by Small and Medium Enterprises.
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RBI Says Loan Moratorium For Small Borrowers - See Who Qualifies
Resurgence of COVID and associated containment measures have created new uncertainties and impacted nascent economic revival that was taking shape.
-
Local Lockdowns: No Need For Loan Moratoriums At Present, Says RBI
It can be noted that the RBI had announced a six-month moratorium in the early days of the national lockdown last year to help borrowers impacted by a chilling in economic activity.
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Banking Shares Gain After Top Court Says Moratorium Cannot Be Extended
Gauge of 12 banking shares on the National Stock Exchange Nifty Bank index advanced over 1 per cent.
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Loan Moratorium Cannot Be Extended, Says Supreme Court
The loan relief was meant for personal, housing, education, auto and consumer durables loans, loans to micro, small and medium enterprises (MSME), besides loans to micro, small and medium enterprises (MSME)
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Key Challenges For Finance Minister Ahead Of Budget 2021
Budget 2021: Reserve Bank of India's monetary policy, including moratorium, restructuring of loans etc, has helped to ease financial constraints to some extent, but not the demand
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Top Court Adjourns Hearing On Pleas Seeking COVID-19 Loan Relief Extension
Earlier, Supreme Court had directed that bank accounts of persons as on August 31 should not be declared as non-performing assets until the disposal of pleas seeking extension of loan relief
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Supreme Court Adjourns Hearing In Loan Relief Case To December 3
RBI had earlier instructed lenders to credit difference in compound interest and simple interest on repayments of eligible loans by November 5
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Lakshmi Vilas Bank Lent Heavily To Nirav Modi, Jet Airways: Bank Employees Association
The association claims that the heavy loans were known to the RBI as it had its nominee as Director on the Board of the bank.
-
Banks Asked To Defer EMIs In Violence-Hit Manipur For Up To 12 Months
Banks in violence-hit Manipur have been told to extend the moratorium on loans up to 12 months, officials said today.
-
SBI To Get Rs 973 Crore From Centre For Compensation Payment To Borrowers
The government on Wednesday approved sanction of Rs 973.74 crore to State Bank of India (SBI) as reimbursement related to loan moratorium that was implemented in 2020 amid the pandemic.
-
Government Issues Norms To Recast Sugar Mills' Loans, Gives 2 Year Moratorium
Government has issued guidelines for restructuring of loans taken by sugar mills and providing eligible defaulting factories with two-year moratorium
-
Union Cabinet Takes Decisions To Reform Telecom Sector. Read About Them Here
In a major reform push for the telecom sector in the country, the Union Cabinet on Wednesday cleared nine structural and five procedural reforms which are expected to reduce the financial burden off the cash strapped telecom firms and at the same time are also aimed at providing cash flow into the government's kitty, which would be used for install...
-
Rahul Gandhi Seeks Moratorium On Repayment Of Short-Term Crop Loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term crop loans by farmers to December 31, 2021.
-
Supreme Court Rejects Petition Asking For Fresh Loan Moratorium
The top court declined to pass an order on fresh loan moratorium and said the issues raised in the PIL are in the realm of policy decisions.
-
Citing Vaccine Policy Change, MK Stalin Marks Next Goal For States
Buoyed by the change in Centre's vaccine policy, Tamil Nadu Chief Minister MK Stalin has written to his counterparts in 12 states, seeking their support in demanding moratorium on loans by Small and Medium Enterprises.
-
RBI Says Loan Moratorium For Small Borrowers - See Who Qualifies
Resurgence of COVID and associated containment measures have created new uncertainties and impacted nascent economic revival that was taking shape.
-
Local Lockdowns: No Need For Loan Moratoriums At Present, Says RBI
It can be noted that the RBI had announced a six-month moratorium in the early days of the national lockdown last year to help borrowers impacted by a chilling in economic activity.
-
Banking Shares Gain After Top Court Says Moratorium Cannot Be Extended
Gauge of 12 banking shares on the National Stock Exchange Nifty Bank index advanced over 1 per cent.
-
Loan Moratorium Cannot Be Extended, Says Supreme Court
The loan relief was meant for personal, housing, education, auto and consumer durables loans, loans to micro, small and medium enterprises (MSME), besides loans to micro, small and medium enterprises (MSME)
-
Key Challenges For Finance Minister Ahead Of Budget 2021
Budget 2021: Reserve Bank of India's monetary policy, including moratorium, restructuring of loans etc, has helped to ease financial constraints to some extent, but not the demand
-
Top Court Adjourns Hearing On Pleas Seeking COVID-19 Loan Relief Extension
Earlier, Supreme Court had directed that bank accounts of persons as on August 31 should not be declared as non-performing assets until the disposal of pleas seeking extension of loan relief
-
Supreme Court Adjourns Hearing In Loan Relief Case To December 3
RBI had earlier instructed lenders to credit difference in compound interest and simple interest on repayments of eligible loans by November 5
-
Lakshmi Vilas Bank Lent Heavily To Nirav Modi, Jet Airways: Bank Employees Association
The association claims that the heavy loans were known to the RBI as it had its nominee as Director on the Board of the bank.
