Compound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21, and the scheme covered all borrower...

Compound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21 and the scheme covered all borrowers...

On its verdict on a batch of pleas seeking moratorium extension beyond August 31, 2020, the apex court on Tuesday said it is a policy decis...

The RBI had given a loan moratorium owing to Covid-19 and its fallout on businesses and consumers' income. The period of moratorium had end...

Following directions from the Supreme Court, the government had last month announced the scheme for grant of ex-gratia payment of differenc...

The benefit is available to all eligible borrowers including those who did not opt for moratorium. The lenders can seek a refund from the g...

The central government had earlier filed an affidavit in the Supreme Court stating that it would waive interest on interest on loans up to ...

Last Friday, the government had announced the scheme for grant of ex gratia payment of difference between compound interest and simple inte...

The scheme mandates ex-gratia payment to certain categories of borrowers by way of crediting the difference between simple interest and com...

To ensure effective and timely implementation, the government has asked lenders to credit the amount to eligible borrowers latest by Novemb...

As per the scheme, the lending institutions shall credit the difference between compound interest and simple interest with regard to the el...

In an affidavit in Supreme Court on Saturday, the government said all financial institutions have been asked to credit the difference betwe...

The government on Friday spelt out the details of the waiver of interest on interest on loans up to Rs 2 crore where borrowers had taken mo...

The government had filed an affidavit in the Supreme Court in a case concerning the moratorium, stating that it would waive interest on int...

The real estate sector already benefited from funding support under the Special Window for Affordable and Mid Income Housing or SWAMIH whic...

The RBI had in March announced a three-month moratorium on principal and interest payments on loans beginning March 1 to provide relief to ...

Analysts estimate a hit of ₹4,000 to ₹8,000 crore for the financial sector if SC does away with interest on loans under moratorium