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MORATORIUM PERIOD
New York state legislature passes one-year data center moratoriumNew York's state legislature passed a bill Thursday night that would prevent permits from being issued for the construction of new data cen...- Health insurance works only when everyone contributesA small group of health insurance customers accounts for most hospitalisation costs. The remaining 95% must pay premiums to keep the system...
- 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.
- Education loan: How to choose a lender to fund studies abroadThe coverage of the loan is an important factor as some lenders cover the complete cost of education, while some lenders cover only a part ...
- Cabinet may consider relief package for telecom sector on WednesdayThe relief package under consideration includes telecom firms getting an option to convert interest on spectrum dues of the four-year morat...
- No compound or penal interest be charged from borrowers during moratorium period, directs SCThe bench refused to further extend the moratorium period beyond Aug 31, 2020, or the deadline for resolution of stressed assets beyond Dec...
- Interest on interest waiver: Banks start crediting accounts; FinMin issues additional FAQsFollowing directions from the Supreme Court, the government had last month announced the scheme for grant of ex-gratia payment of differenc...
- Supreme Court grants relief to borrowers, extends loan moratorium period till September 28The top court extended the interim order in which it had directed the banks not to declare as NPAs accounts that are unable to make repayme...
- 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...
- Government interested in businesses not people, says SC, as Centre stays mum on moratoriumThe court has given the government — which said it backs the RBI’s stand — until the next hearing on September 1 to clarify its own view on...
- Supreme Court asks Centre to clarify stand on interest waiver during moratoriumThe top court observed that it appears the Centre is hiding behind the Reserve Bank of India's decision on this issue, especially when it h...
- Interest waiver during loan moratorium: Supreme Court lists the matter for first week of AugustThe apex court, while listing the matter for first week of August, has directed the government and the RBI to review the matter.
- Health insurance claims not contestable after 8 years of premium payment: IrdaiHealth insurance companies will not be allowed to contest claims once the premium has been paid for a continuous period of eight years, reg...
- Bankers, govt officials oppose interest sop in moratorium periodThe moratorium, which is now available for six months starting March 2020, was meant to provide some temporary relief to borrowers – both i...
- Uday Kotak against waiver of interest during moratorium periodPeople asking for moratorium on interest also need to keep in mind the interest of depositors, he said, adding "it cannot be an unequal gam...
- SC seeks finance ministry's reply on waiver of interest on loans during moratorium periodThe top court said there are two aspects under consideration in this matter - no interest payment on loans during the moratorium period and...
- Supreme Court issues notice to Centre, RBI on plea against interest on loans during moratoriumThe counsel argued that borrowers should not be penalised like this and banks should not add interest on the loan amount during the morator...
- ICICI Bank moratorium on debit card EMIs: All questions answeredICICI Bank, along with issuing details on availing the moratorium on loans and credit card dues, also issued a set of FAQs on moratorium fo...
- Government extends moratorium by 6 months on Rs 15,000 crore soft loan to sugar millsThe Centre had announced the loan package in two tranches -- first in June 2018 amounting to Rs 4,440 crore and the other in March 2019 of ...
- Real estate queries: Exercise due diligence for the discounts offered by developersIrrespective of the offers made by the builders, you should not forget to assess the quality of these offers and exercise due diligence pri...
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