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MONTH LOAN 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...
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.
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...
Andhra Pradesh mango pulp industry seeks central supportMango processors in Andhra Pradesh face export challenges. A significant quantity of mango pulp is stuck due to shipping lane disruptions. ...
All you need to know about moratorium on loan EMIsDue to novel coronavirus pandemic, the Reserve Bank of India (RBI) as a relief measure offered a six-month moratorium on all term loan EMIs...
India's public banks may have to take Rs 2,000 crore hit after SC order on interest waiverCompound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21 and the scheme covered all borrowers...
Government may compensate borrowers who did not opt for moratorium“It is possible to work out the notional value of benefit that a borrower would have received if he had opted for the moratorium. The gover...
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...
RBI extends EMI moratorium for another three months on term loans. Here's what it means for borrowersThe current EMI moratorium on all the term loans is ending on August 31, 2020. Previously the EMI moratorium was given for three months i.e...
What happens when second three-month loan moratorium ends in August?The month of September, when loan repayments must resume, will be a time of reckoning for India's banks.
Borrowers opting out of loan moratorium with unlocking of economy, say bankersAccording to Punjab National Bank Managing Director S S Mallikarjuna Rao, only 30 per cent of borrowers utilised moratorium facility while ...
HDFC Bank extends loan EMI moratorium: Here's all you need to knowHDFC Bank has announced that it has extended the moratorium on all term loans like auto loans, personal loans and home loans, as well as on...
Bajaj Finserv extends loan EMI moratorium: Check the details hereHere are the charges, terms and conditions of availing the EMI moratorium from Bajaj Finance.
ICICI Bank extends loan EMI moratorium period: Here are the terms, conditions, chargesPrivate sector lender, ICICI Bank, has announced that it has extended the moratorium on term loans and credit card dues.
SBI vs HDFC Bank vs ICICI Bank: Extended loan EMI moratorium terms and conditionsDo keep in mind that the moratorium is not a waiver of your EMIs for six months, instead it is a grace period, to help you tide over financ...
RBI allows 3 month extension of loan EMI moratorium: Should you opt for it?This is how RBI's extension of loan holiday will impact your EMI schedule and total outgo on the loan amount.
RBI extends moratorium on credit card dues by 3 months: Here's how it will impact youYou need to be even more cautious if you're planning to defer your credit card dues because those carry some of the highest interest rates ...
Bajaj Finserv 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 Bajaj Finance. Thes...
What 3 month moratorium on repayment of term loans means for borrowersRBI has allowed all lending institutions to offer a moratorium on loan repayments.