Here is a look at the details of SBI's loan EMI moratorium according to its website. ...More

Here is a look at the details of SBI's loan EMI moratorium according to its website. ...Less

Lenders like Punjab and Sindh Bank, PNB, Canara Bank have announced EMI loan deferment via Twitter. ...More

Lenders like Punjab and Sindh Bank, PNB, Canara Bank have announced EMI loan deferment via Twitter. ...Less

Do keep in mind that the moratorium is not a waiver of your EMIs for six months, instead it is a grace pe ...More

Do 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 financial exigencies caused due to the lockdown. ...Less

The 3-month EMI moratorium offered by the Reserve Bank of India (RBI) includes all term loans like home l ...More

The 3-month EMI moratorium offered by the Reserve Bank of India (RBI) includes all term loans like home loans, personal loans, credit card dues etc. ...Less

Here is a look at the details of HDFC Bank's moratorium on loan EMIs. These are details as published on t ...More

Here is a look at the details of HDFC Bank's moratorium on loan EMIs. These are details as published on the bank's website. ...Less

The current EMI moratorium on all the term loans is ending on August 31, 2020. Previously the EMI morator ...More

The 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. between March and May 2020. ...Less

HDFC Bank has announced that it has extended the moratorium on all term loans like auto loans, personal l ...More

HDFC 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 credit card dues. ...Less

Banks have been alerting their customers of cyber frauds that can happen while availing EMI moratorium. ...More

Banks have been alerting their customers of cyber frauds that can happen while availing EMI moratorium. ...Less

Here are the charges, terms and conditions of availing the EMI moratorium from Bajaj Finance. ...More

Here are the charges, terms and conditions of availing the EMI moratorium from Bajaj Finance. ...Less

According to the bank, in such a fraud, the SBI customer gets a call asking them to share their OTP to av ...More

According to the bank, in such a fraud, the SBI customer gets a call asking them to share their OTP to avail of the EMI moratorium. ...Less

Here are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) m ...More

Here are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) moratorium from Bajaj Finance. These are details as mentioned on the Bajaj Finance's website. ...Less

Private sector lender, ICICI Bank, has announced that it has extended the moratorium on term loans and cr ...More

Private sector lender, ICICI Bank, has announced that it has extended the moratorium on term loans and credit card dues. ...Less

Due to novel coronavirus pandemic, the Reserve Bank of India (RBI) as a relief measure offered a six-mont ...More

Due to novel coronavirus pandemic, the Reserve Bank of India (RBI) as a relief measure offered a six-month moratorium on all term loan EMIs between March 1, 2020, and August 31, 2020. Here is all you need to know about it. ...Less

If you are an IDBI Bank customer, here are the details of the bank's EMI moratorium facility. These detai ...More

If you are an IDBI Bank customer, here are the details of the bank's EMI moratorium facility. These details are as per the bank's website. ...Less

The product is targeted at both the salaried and self- employed persons and is available for requirements ...More

The product is targeted at both the salaried and self- employed persons and is available for requirements between Rs 25 lakh and Rs 15 crore. ...Less

Various banks have announced details of the EMI moratorium on their websites. Here is a look at the detai ...More

Various banks have announced details of the EMI moratorium on their websites. Here is a look at the details of Yes Bank's moratorium on loan EMIs and credit card dues. ...Less

According to the PSU lender's press release, it has "proactively reached out to all of its eligible loan ...More

According to the PSU lender's press release, it has "proactively reached out to all of its eligible loan customers to obtain their consent to stop their Standing Instructions (SIs) / NACH mandate for the EMIs falling due in June, July and August 2020." ...Less

Asking customers to protect their financial details, Axis Bank said in an e-mail to customers said frauds ...More

Asking customers to protect their financial details, Axis Bank said in an e-mail to customers said fraudsters have started a new modus operandi to gain access to banking details. Imposters may contact you to help postpone your EMI payments and request you to share OTP, CVV, password or PIN related to your banking accounts. ...Less

Here are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) m ...More

Here are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) moratorium from Tata capital financial services. These are details as mentioned on Tata Capital's website for financial services. ...Less

Here is a look at the details of ICICI Bank's moratorium on loan EMIs. These are details as published on ...More

Here is a look at the details of ICICI Bank's moratorium on loan EMIs. These are details as published on the bank's website. ...Less

Borrowers have been advised to give instructions in advance to stall the debit, even if they have no mone ...More

Borrowers have been advised to give instructions in advance to stall the debit, even if they have no money because the bank where they have their savings account might charge them for failure of standing instruction. ...Less

Sunil Mehta, Chief Executive, Indian Banks’ Association (IBA)answers some common questions regarding the ...More

Sunil Mehta, Chief Executive, Indian Banks’ Association (IBA)answers some common questions regarding the 3-month moratorium on loans announced by the Reserve Bank of India ...Less

Here is a look at the details Kotak Mahindra Bank's moratorium on loan EMIs. These are details as publish ...More

Here is a look at the details Kotak Mahindra Bank's moratorium on loan EMIs. These are details as published on the bank's website. ...Less

The moratorium on loan EMIs offered across the board to individuals earlier, has not been extended and wi ...More

The moratorium on loan EMIs offered across the board to individuals earlier, has not been extended and will expire as scheduled at the end of August 2020. If the borrower can now opt for loan restructuring as per the resolution plan offered by his/her lending institution. ...Less

Missing two instalments could extend your loan by 6-10 months. ...More

Missing two instalments could extend your loan by 6-10 months. ...Less

The moratorium has left borrowers with a higher loan burden. Borrowing will be difficult in the Covid-hit ...More

The moratorium has left borrowers with a higher loan burden. Borrowing will be difficult in the Covid-hit world. Some banks have even tightened lending norms. Watching your credit score has become more critical now. Find out how you can break free of this debt. ...Less

Here is a look at the details of the country's largest lender, State Bank of India's (SBI) moratorium on ...More

Here is a look at the details of the country's largest lender, State Bank of India's (SBI) moratorium on loan EMIs. These are details as published on the bank's website. ...Less

ICICI Bank, along with issuing details on availing the moratorium on loans and credit card dues, also iss ...More

ICICI Bank, along with issuing details on availing the moratorium on loans and credit card dues, also issued a set of FAQs on moratorium for equated monthly instalments (EMIs) taken on debit cards. ...Less

Most banks have decided to go for the "opt-in" option, putting the onus on the borrower to take the initi ...More

Most banks have decided to go for the "opt-in" option, putting the onus on the borrower to take the initiative of informing the bank (either by calling or via mail) that they want to go for the three-month breather. ...Less

To pay this additional interest, you may get an option to either increase your loan tenure without increa ...More

To pay this additional interest, you may get an option to either increase your loan tenure without increasing your EMI amount or increase your EMI amount without increasing your loan tenure or make a one-time payment of the interest in June month. ...Less

"We would work closely with our member banks and credit institutions to define the data reporting framewo ...More

"We would work closely with our member banks and credit institutions to define the data reporting framework basis (after) the announcements made by the RBI Governor, so that during the moratorium period there is no adverse impact on the credit histories and CIBIL Score of borrowers," the company. ...Less

The RBI today announced a bazooka for borrowers, giving them a three-month moratorium on loan repayment. ...More

The RBI today announced a bazooka for borrowers, giving them a three-month moratorium on loan repayment. ...Less

Debt-ridden Vodafone Idea has proposed that the minimum price of data should be fixed at Rs 35 per GB, Bh ...More

Debt-ridden Vodafone Idea has proposed that the minimum price of data should be fixed at Rs 35 per GB, Bharti Airtel has proposed minimum price of Rs 30 per GB for low data users and Reliance Jio wants it to be hiked gradually to Rs 20 per GB. ...Less

If you have converted your debit card payments to EMIs to buy a phone, a consumer durable or converted yo ...More

If you have converted your debit card payments to EMIs to buy a phone, a consumer durable or converted your e-commerce purchases to EMIs, you can avail of the three-month moratorium. Here is a look at how this will work. ...Less

Current income tax laws allow tax benefits on both principal repayment and interest paid on home loans. ...More

Current income tax laws allow tax benefits on both principal repayment and interest paid on home loans. ...Less

People have a lot of misconceptions about what has been promised. Keep these things in mind when you make ...More

People have a lot of misconceptions about what has been promised. Keep these things in mind when you make financial decisions basis the announcements in the relief package. ...Less

The cyber criminals pretending as officials of banks have been reaching out to borrowers, offering them a ...More

The cyber criminals pretending as officials of banks have been reaching out to borrowers, offering them assistance to avail the loan repayment moratorium scheme for phishing out account details, bank officials said. "They have become active at a time when people are seeking immediate relief from their financial obligations. ...Less

The RBI allowed all lenders to offer a moratorium to borrowers on repayment of all term loans, even credi ...More

The RBI allowed all lenders to offer a moratorium to borrowers on repayment of all term loans, even credit card dues. This was one of RBI's relief measures to combat the economic distress caused by covid-19. When deciding whether to opt for it, here's what you must remember. ...Less

You must take into account that the interest on the loans, though not mandatorily payable immediately and ...More

You must take into account that the interest on the loans, though not mandatorily payable immediately and gets postponed by 3 months, continues to accrue on your account and results in higher cost. ...Less

“We are primarily against the interest being charged on installments, which also includes interest. This ...More

“We are primarily against the interest being charged on installments, which also includes interest. This will affect consumers adversely at a time when they are already facing financial difficulties,” said Shirish Deshpande, chairman of Mumbai Grahak Panchayat. ...Less

Borrowers have been allowed to opt for loan moratorium and skip EMIs for 3-6 months. ...More

Borrowers have been allowed to opt for loan moratorium and skip EMIs for 3-6 months. ...Less

Those who choose to take a three-month break from repayments will also not damage their track record with ...More

Those who choose to take a three-month break from repayments will also not damage their track record with credit information bureaus. RBI governor Shaktikanta Das on Thursday directed banks to ensure that they do not report delayed payments as a default. ...Less

All the components in the banking index settled in the red with City Union Bank falling the most. ...More

All the components in the banking index settled in the red with City Union Bank falling the most. ...Less

Realty developers and Industry experts lauded key measures announced by the central bank to support the e ...More

Realty developers and Industry experts lauded key measures announced by the central bank to support the economy. However, they also stated that banks need to transmit the same soon to help boosting liquidity and potential reduction in installments. The move is also expected to help realty developers avoid default in payments and any subsequent downgrades. ...Less

This is how RBI's extension of loan holiday will impact your EMI schedule and total outgo on the loan amo ...More

This is how RBI's extension of loan holiday will impact your EMI schedule and total outgo on the loan amount. ...Less

Borrowers should remember that moratorium is not the waiver of the loan. It is only a grace period. ...More

Borrowers should remember that moratorium is not the waiver of the loan. It is only a grace period. ...Less

Here is a look at the details Punjab National Bank's (PNB) moratorium on loan EMIs. These are details as ...More

Here is a look at the details Punjab National Bank's (PNB) moratorium on loan EMIs. These are details as published on the bank's website. ...Less

Loan defaults are bad news for people who have stood as guarantors to loans taken by friends and relative ...More

Loan defaults are bad news for people who have stood as guarantors to loans taken by friends and relatives. Most people know that a guarantor is liable to pay if the borrower defaults on the loan repayment. There are other risks that the guarantor is exposed to. ...Less

Explaining the modus operandi, he said that such fraudsters may pose as bank representatives, requesting ...More

Explaining the modus operandi, he said that such fraudsters may pose as bank representatives, requesting the citizens to share their OTPs in order to postpone their loan EMIs. Once the OTP is shared, the amount is fraudulently siphoned away by these scamsters. ...Less

HDFC Bank said the fraudsters are always on the look-out for newer reasons to execute their designs and t ...More

HDFC Bank said the fraudsters are always on the look-out for newer reasons to execute their designs and the EMI moratorium has emerged as a favourite one. The RBI had left it to banks for implementing the moratorium, which has resulted in communication with bank being an essential part for taking benefit of the scheme. ...Less

SBI recorded a moratorium book of roughly 20% at the end of May. This may further fall in 2nd leg of EMI- ...More

SBI recorded a moratorium book of roughly 20% at the end of May. This may further fall in 2nd leg of EMI-pause. ...Less

"The moratorium announced by RBI on interest and principal obligations due between March 1 and May 31, 20 ...More

"The moratorium announced by RBI on interest and principal obligations due between March 1 and May 31, 2020, would tantamount to a liquidity breather of Rs 2.10 lakh crore if all companies opt for it," the rating agency said in a report. ...Less

The RBI has projected negative growth with a pick up in growth impulses in second half. ...More

The RBI has projected negative growth with a pick up in growth impulses in second half. ...Less

The ace investor believes India is at the cusp of witnessing the mother of all bull runs. ...More

The ace investor believes India is at the cusp of witnessing the mother of all bull runs. ...Less

Private sector lender Axis Bank has offered its customers to opt for the loan moratorium if they face pro ...More

Private sector lender Axis Bank has offered its customers to opt for the loan moratorium if they face problem is keeping their EMIs running, in line with actions of its peers. ...Less

"The house decided that there will be nationwide protests on June 28, 2021, across the country, and a mem ...More

"The house decided that there will be nationwide protests on June 28, 2021, across the country, and a memorandum will be submitted to Prime Minister (Narendra Modi)...in this regard," the statement said. ...Less

Utility vehicles have been the best performing category even as overall passenger car sales slumped 55% y ...More

Utility vehicles have been the best performing category even as overall passenger car sales slumped 55% year on year last month and by 82% in the quarter ended June, according to industry estimates. ...Less

The significant discount to current market price may have made the FPO a mouth-watering proposition for m ...More

The significant discount to current market price may have made the FPO a mouth-watering proposition for many investors, but the unlisted market is signalling otherwise. Premium for the upcoming FPO currently stands at Rs 0.70-0.75, merely 5-6 per cent of floor price. ...Less

As per a Supreme Court ruling of 2001, no commercial vehicles can ply in Delhi unless converted to the si ...More

As per a Supreme Court ruling of 2001, no commercial vehicles can ply in Delhi unless converted to the single fuel mode of CNG. ...Less

In the publicly available Reuters Eikon database, the stock had 23 ‘buy’, 17 ‘outperform’, five ‘hold’, o ...More

In the publicly available Reuters Eikon database, the stock had 23 ‘buy’, 17 ‘outperform’, five ‘hold’, one ‘underperform’ and one ‘sell’ ratings for the stock as of July 30. ...Less

As many as 227 cases were reported in the country over the last 24 hours, Health Secretary Lav Agarwal sa ...More

As many as 227 cases were reported in the country over the last 24 hours, Health Secretary Lav Agarwal said in his daily press briefing. With 10 deaths and over 300 hospitalisations, the Tablighi Jamaat HQ in Delhi's Nizamuddin — by now in the headlines everywhere — emerged as one of the major virus hotspots in the country. ...Less

An estimated 1.6 million buses and one million cars of about 20,000 small, medium and large passenger tra ...More

An estimated 1.6 million buses and one million cars of about 20,000 small, medium and large passenger transport operators in the country are out of business, and they don’t expect to be back on the road until at least the very end of the gradual easing of lockdown restrictions, which may take months. ...Less

In Monday’s crash, which was reminiscent of a number of smaller corrections that the market saw in Februa ...More

In Monday’s crash, which was reminiscent of a number of smaller corrections that the market saw in February and March, sectors that had surged the most in last few months were the biggest losers. ...Less

Customers must understand that interest will continue to accrue, says the VC & CEO of HDFC. ...More

Customers must understand that interest will continue to accrue, says the VC & CEO of HDFC. ...Less

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People are looking at their portfolios keenly to decide where they should lock in the profits, and where ...More

People are looking at their portfolios keenly to decide where they should lock in the profits, and where they might be able to use any big correction to catch the bus that they missed last time. ...Less

Along with moratorium, SMEs will need fresh funds also, says Edelweiss Chairman. ...More

Along with moratorium, SMEs will need fresh funds also, says Edelweiss Chairman. ...Less

The Group Chairman of Inditrade Capital says till there is some kind of solution on virus front, markets ...More

The Group Chairman of Inditrade Capital says till there is some kind of solution on virus front, markets will be jittery. ...Less

Here’s a look at what some of the key indicators are suggesting for Monday's action. ...More

Here’s a look at what some of the key indicators are suggesting for Monday's action. ...Less

Nifty futures on the Singapore Exchange traded 38.5 points, or 0.36 per cent lower at 10,727.50 in signs ...More

Nifty futures on the Singapore Exchange traded 38.5 points, or 0.36 per cent lower at 10,727.50 in signs that Dalal Street was headed for a negative start on Tuesday. ...Less