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LOAN REPAYMENT MORATORIUM
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in historyVodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promot...- NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
- Govt's credit guarantee to reduce MSME bad loan risks for banksThe government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this in...
- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
- Vodafone Idea eyes ₹25,000 crore SBI-led funding after AGR reliefA State Bank of India led consortium is looking at providing ₹25,000 crore debt funding to Vodafone Idea. This comes after the government s...
- A foreign degree at zero cost? These scholarship strategies can turn your dream of overseas education into fully funded studySecuring prestigious scholarships for studying abroad requires more than just academic merit; it demands years of dedicated groundwork and ...
- Can you fulfil your study abroad dream without going broke? Here are 7 ways to minimise costsStudying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...
- 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 ...
- US President Joe Biden extends moratorium on student loan repaymentsThe move is expected to impact the student debt of some 41 million people. "We know that millions of student loan borrowers are still copin...
- Large banks may move RBI to tweak loan rejig ruleAccording to another banker, not too many companies are going for loan restructuring — partly because they do not want it to be recorded in...
- November 5 cutoff for banks to credit compound interest collectedThe SC had asked the government to explain the mechanism to implement its decision to waive interest on interest for the six-month moratori...
- How individuals with multiple loans should prioritise the order of repaymentHow individuals with multiple loans should prioritise the order of repayment
- Here's how microloan repayment is likely to look like after end of moratorium on August 31Theoretically, many believe that the repayment rates would improve, but there are skeptics that argue the current trend would continue for ...
- 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.
- Lenders see a payment recover as economy restartsLenders are seeing a slow but sure recovery in loan repayments as customers are increasingly choosing not to exercise the Reserve Bank of I...
- Over 75% retail borrowers have opted for loan moratorium: Mahindra FinanceBanks not giving moratorium should not lead to ALM mismatch, VC & MD Ramesh Iyer.
- IRDAI allows insurers to give moratorium on term loan repayment due to coronavirus impactIn respect of term loans, insurers are permitted to grant a moratorium of three months towards payment of instalments falling due between 1...
- Tata Capital loan EMI moratorium: All the terms, conditions and chargesHere are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) moratorium from Tata capital financ...
- Loan moratorium: Most pvt banks go for "opt-in" optionThe RBI had announced a 3-month moratorium on loan repayments in the wake of COVID-19 crisis for dues to be paid between March-May 2020 and...
- Confusion prevails among borrowers over three-month moratorium as many get EMI remindersMany borrowers, credit cardholders and mutual fund investors have received SMSes from their lenders reminding them that they need to mainta...
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