The bench refused to further extend the moratorium period beyond Aug 31, 2020, or the deadline for resolution of stressed assets beyond Dec...

The government, through Solicitor General Tushar Mehta, told a bench led by Justice Ashok Bhushan that it had already extended the loan mor...

The apex court was hearing a batch of petitions relating to charging of interest on interest by banks on EMIs, which were not paid by the b...

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...

The Reserve Bank of India and the Finance Ministry have already filed separate additional affidavits in the apex court saying that the bank...

"Under the scheme, all lending institutions (as defined under clause 3 of the scheme) shall credit the difference between compound interest...

The banking regulator fled the affidavit in pursuance to the apex court's October 5 order asking the Centre and the RBI to place on record ...

The 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...

The committee, which has been asked to give its report within a week, has been tasked to measure the impact waiver interest and interest on...

The govt and RBI who are represented by solicitor general Tushar Mehta defended their stance and submitted that the issue required a holist...

The RBI introduced the loan moratorium from March to help businesses and individuals impacted by the pandemic. Interest on the loans will k...

The 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...

"A critical question for the banks, the property market and indeed the economy is now whether the moratorium is extended yet again...Still ...

The RBI in its announcement added that in order to ameliorate the difficulties faced by borrowers in repaying the accumulated interest for ...

The 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...

AA prolonged period of weaker growth will raise India's debt burden from already high levels.

It is very important to decode the terms, conditions and the fine print of the moratorium before making a decision. The choice may not be t...