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LOAN FORBEARANCE
What will happen after July 1? Millions of SAVE borrowers must act before federal student loan rules change as repayment options disappearMillions of SAVE borrowers must act before federal student loan rules change as repayment options disappear. Nearly 7.5 million borrowers c...- Thousands of students may get $2,000 each from $100 million loan settlement - see if you are in the listStudent loan settlement $2000: Student loan borrowers are now receiving payments up to $2,000. This follows a $100 million class action set...
- What’s next for the SAVE Student Loan plan? Key changes borrowers should watch closelyThe SAVE student loan plan is facing uncertainty after a court decision. Millions of borrowers are still in payment pause status. The gover...
- Navient settlement checks are going out — see which student loan borrowers qualifyAt least 100,000 federal student loan borrowers may receive Navient settlement checks in 2026. The $120 million CFPB settlement targets bor...
- Millions face $300 monthly hike as SAVE Student Loan interest resumes in AugustMillions of Americans enrolled in the SAVE student lan repayment plan must begin repaying their loans after a federal interest pause ends i...
- View: Banking sector recovery has given leg up to GDP growthA good starting point for understanding the contemporary banking landscape in India is the policy response to the global financial crisis (...
- State-owned banks on course to book better profits next fiscal: ReportThe report also said private sector banks are better placed to reap the benefits of recovery and will continue to increase their market sha...
- Putting changes in perspectiveCovid-related relaxations gave a boost to NPS. Contribution under NPS grew over 30% with assets under management at Rs 4.94 lakh crore as o...
- RBI should identify when to roll back forbearance extended to banks: Economic SurveyThe first lesson for policymakers is to treat emergency measures as such and not to extend them even after recovery: when an emergency medi...
- Economic Survey calls for another asset quality review once Covid forbearance is liftedThe RBI had discontinued all forms of forbearance given to banks in the latter half of 2015 and launched a asset quality review to know the...
- Economic Survey blames RBI's AQR for YES Bank, LVB FiascoThe survey said most of the non-performing loans were lent and restructured during the forbearance phase and RBI’s audit missed some of the...
- Economic Survey: Don't turn medicine into staple diet, end loan forbearance ASAP“The first lesson for policymakers is to treat emergency measures as such and not to extend them even after recovery: when an emergency med...
- RBI's gradual shift from transparency to forbearance towards stressed sectorsRBI has resisted pressure on a package for NBFCs, but permitted banks not to classify defaulters in MSME, realty.
- Relax non-performing asset rules for Kerala loans: BanksIn the past, the central bank had granted forbearance for loans to small businesses during demonetisation. More recently, relief was grante...
- Uniform definition for non-performing assets on the cardsGlobal banking regulators' body BIS has proposed a uniform definition for non-performing assets and forbearance to ensure consistency in di...
- Indiscriminate naming of defaulters can hurt the economy, says Raghuram Rajan“We have no problem with the intent to publish the wilful defaulters’ list," said Rajan. “That is where the promoter has, in the eyes of th...
- Raghuram Rajan defends banks, cautions against “hindsight is always 20:20” visionRajan came out in the support of bankers who have been chastised for several lending decisions taken in the past and cautioned against “hin...
- NPA probes to identify criminality, not chill lending: Raghuram RajanInvestigations into loan defaults should look at establishing criminality while guarding against indiscriminate targetting that can "chill"...
- Raghuram Rajan says measures to improve JLF functioning on the anvilRaghuram Rajan today said the Reserve Bank will shortly announce some measures that should improve the functioning of the joint lenders' fo...
- Early end to regulatory forbearance may be the right step: RBIBanks are allowed to qualify restructured assets as standard under regulatory forbearance which will cease to exit from April 1 next year.
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