Searched for
COVID MORATORIUM
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
- Indian officials see Iran war oil shock as disruptive as CovidIndia is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy ...
- Small companies get hit most by lockdowns, may defaultSince default by small businesses could result in credit freeze to this segment, the RBI might be forced to look at a moratorium if the loc...
- Small cos get hit most by lockdowns, may default“While it is too early to comment on the extent of the impact on the asset quality of retail loans due to the rising Covid cases, there is ...
- Supreme Court order out, D-Street hopes banks will reveal NPAs nowThe apex court said no compound or penal interest -- or interest on interest -- will be charged from borrowers for the six-month loan relie...
- Sense has prevailed, moratorium is a commercial decision that banks should take: Uday KotakIn its awaited ruling, the SC denied to interfere with the Centre's and Reserve Bank of India's (RBI) decision to not extend the loan morat...
- Supreme Court to resume hearing on loan moratorium, interest on interest waiver case todayThe RBI had given a loan moratorium owing to Covid-19 and its fallout on businesses and consumers' income. The period of moratorium had end...
- End of loan holiday threatens pain, defaults for Indian businessModi government has also set up a panel to assess waiving interest on loans frozen through Aug. 31 — which amounts to as much as Rs 2 lakh ...
- View: Put depositors first. Relief to borrowers not at their costBank depositors are typically the most risk averse — the retired earning monthly income from deposits, or those saving for the future or si...
- Banks free to restructure loans, but can't penalise borrowers availing moratorium, SC toldA bench headed by Justice Ashok Bhushan, which commenced final hearing on a batch of pleas raising the issue of interest on instalments def...
- SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interestSenior lawyer Ranjit Kumar, appearing for Shopping Centres Association of India, told the bench that what they are facing today could be an...
- RBI extends EMI moratorium for another three months on term loans. Here's what it means for borrowersThe current EMI moratorium on all the term loans is ending on August 31, 2020. Previously the EMI moratorium was given for three months i.e...
- All kind of loans and contractual transactions can't be put under moratorium: SEBI to SCSEBI filed an affidavit in this regard in the apex court which had sought its stand on a plea which sought a clarification on whether the R...
- Rs 2 lakh crore will be lost if interest is waived off during loan moratorium: RBI tells SCRBI told the Supreme Court that a forced waiver of interest would risk the financial viability of banks.
- RBI may extend moratorium on repayment of loans for three more months: ReportThe lockdown was first announced by PM Narendra Modi on March 24 for 21 days in a bid to combat the Covid-19 pandemic. It was first extende...
- Kotak’s moratorium numbers better than peers: Sharekhan‘Kotak Mahindra Bank is seeing a rise in the overall provisions’
- About 90% of Bank of Baroda borrowers opt for moratorium on term loan repaymentThe Reserve Bank of India (RBI), in March, had allowed a three-month moratorium on payment of all term loans due between March 1, 2020 and ...
- PSU banks announce loan EMI moratorium for customers via tweetsLenders like Punjab and Sindh Bank, PNB, Canara Bank have announced EMI loan deferment via Twitter.
Load More
