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Loan Moratorium: The loan relief is for personal, housing, education, auto and consumer durables loans. The Supreme Court on Wednesday adjourned until Thursday its hearing in...
The Supreme Court on Tuesday adjourned until Thursday its hearing in the case on a loan relief scheme for borrowers to help them tide over the...
After crediting this amount, lending institutions would claim reimbursement from the government. New Delhi: Banks, financial and non-banking financial institutions have been asked to take “necessary...
The loan outstanding as of February 29 would be the reference amount for calculating the differential interest amount under the ”scheme for grant of ex gratia...
The Reserve Bank on Tuesday asked all lending banks and non-banking financial companies, to ensure that the scheme of waiver of interest on interest for loans...
Centre informed Supreme Court that lenders have been directed to return interest on interest New Delhi: The Centre has informed the Supreme Court that lenders have...
The Reserve Bank of India (RBI) on Tuesday directed commercial lenders to pay the difference of compound interest and simple interest for six months to borrowers...
New Delhi/Mumbai: The country’s lenders were set a November 5 deadline on Saturday to waive interest payments on coronavirus support loans in a move that could...
The government has said that it will implement a loan relief scheme by November 5, aimed at helping borrowers during the coronavirus pandemic, and reimburse the...
New Delhi: The Finance Ministry on Wednesday approved guidelines for a scheme for grant of payment of the difference between compound interest and simple interest for six...
The Supreme Court today said any delay in implementing a waiver on “interest on interest” on loans up to Rs 2 crore, frozen during a six-month moratorium granted...
The Reserve Bank of India (RBI) has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for...
The Supreme Court today adjourned a hearing in the matter of waiving “interest on interest” on loans up to Rs 2 crore, frozen during a six-month...
The RBI said the ban imposed to help borrowers could greatly harm the financial system Mumbai: The Reserve Bank of India has appealed to the country’s...
The Supreme Court today adjourned its hearing over the issue of waiving of compound interest on repayment of loans up to Rs 2 crore, after the...
The Supreme Court today allowed the government one more week to come up with a plan on loan moratorium to ease the financial burden on borrowers...
The government will present its plan today to help borrowers ease their EMI burden during the coronavirus crisis as the top court will hear final arguments...
Gajendra Sharma, 53, an optician, poses inside his shop selling eye glasses in Agra. Agra: When business evaporated at Gajendra Sharma’s eyeglass shop a few kilometres...
The government set up a panel on Thursday to look into the issue of interest being charged by banks on instalments deferred during the moratorium period...
