Moratorium On Loans
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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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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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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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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.
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Banking Sector Cannot Bear Any Further Financial Strain,Centre Tells Top Court
The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on ...
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Supreme Court Adjourns Hearing In Loan Relief Case
The RBI had earlier instructed banks and other financial institutions to credit the difference in compound interest and simple interest on repayments of eligible loans up to Rs 2 crore due between March and August, by November 5.
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Loan Relief: RBI Urges Top Court To Lift Interim Order Banning Declaration Of Bad Loans
In a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim order on September 3.
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Supreme Court Adjourns Hearing On Loan Relief To November 18
Supreme Court on Loan Moratorium: The top court agreed to defer the hearing after the centre informed it that the Solicitor General was presenting arguments in the Central Vista case before another bench of the top court.
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Top Court Defers Hearing On Loan Relief To November 5
The lenders will credit the amount irrespective of whether the borrower fully or partially opted for the relief.
-
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.
-
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.
-
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.
-
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.
-
Banking Sector Cannot Bear Any Further Financial Strain,Centre Tells Top Court
The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on ...
-
Supreme Court Adjourns Hearing In Loan Relief Case
The RBI had earlier instructed banks and other financial institutions to credit the difference in compound interest and simple interest on repayments of eligible loans up to Rs 2 crore due between March and August, by November 5.
-
Loan Relief: RBI Urges Top Court To Lift Interim Order Banning Declaration Of Bad Loans
In a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim order on September 3.
-
Supreme Court Adjourns Hearing On Loan Relief To November 18
Supreme Court on Loan Moratorium: The top court agreed to defer the hearing after the centre informed it that the Solicitor General was presenting arguments in the Central Vista case before another bench of the top court.
-
Top Court Defers Hearing On Loan Relief To November 5
The lenders will credit the amount irrespective of whether the borrower fully or partially opted for the relief.
