Tag: loan moratorium

Blanket interest waiver on all loans to be Rs 6 lakh crore: Centre to SC – Times of India

(Representative image)NEW DELHI: The Centre informed the Supreme Court on Tuesday that if it were to consider waiving interest on all the loans and...

EMI Moratorium: SC directs govt to implement its decision to forego interest on eight categories of loans

New Delhi: The Supreme Court Friday directed the government make sure that all steps be taken to implement its decision to forego interest on...

SC adjourns interest waiver case to November 19 – Times of India

NEW DELHI: The Supreme Court on Wednesday adjourned the hearing for tomorrow on the petitions seeking direction for waiving of interest on loan during...

Loan Moratorium: Banks Told to Credit ‘Interest on Interest’ to Borrowers, RBI Tells SC

New Delhi: Banks, financial and non-banking financial institutions have been asked to take "necessary actions" to credit into the accounts of eligible borrowers by...

Wondering How to Repay Loans After Moratorium Period? | All You Need to Know

New Delhi: As the country suffered huge economic losses and...

Good News! Didn’t miss out on EMIs during lockdown? Get cashback from bank

NEW DELHI: In a major relief to borrowers amid a global pandemic, the Finance Ministry has issued guidelines for implementing a waiver of 'interest...

Centre issues guidelines for interest waiver on loan, this much money may return to your account

New Delhi: The Finance Ministry has approved guidelines for a scheme to grant ex-gratia payment of the difference between compound interest and simple interest...

Govt Yet to Take Any Decision on Appealing in Vodafone Tax Arbitration Case

Image for representation.An international court ruled last month the Indian government seeking Rs 22,100 crore in taxes from Vodafone using retrospective legislation was in...

SC to Hear on Wednesday Batch of Pleas on Loan Moratorium

The Supreme Court Tuesday said it would hear a batch of petitions tomorrow which have raised issues concerning the six-month loan moratorium period announced...

Going Any Further from Relief Announced Would Be Detrimental to Economy, Centre Tells SC

A file photo of the ministry of finance, New Delhi.In the fresh affidavit, the Centre referred to its various fiscal policy decisions and the...

RBI appeals to Supreme Court to allow NPA classification – Times of India

MUMBAI: The Reserve Bank of India (RBI) has appealed to the country's top court to let banks classify loans as non-performing, saying a ban...

‘Huge Implications for Banking System’: RBI Urges SC to Lift Stay on Accounts’ Classification as NPAs

A man checks his phone outside the Reserve Bank of India (RBI) headquarters in Mumbai. (REUTERS/Francis Mascarenhas/Files)On September 3, in a respite to stressed...

RBI says can’t extend loan moratorium period as it will affect credit creation in economy

The Reserve Bank of India (RBI) filed a fresh affidavit in the loan moratorium case and told the Supreme Court that it cannot give more...

‘Interest on interest’: Can’t go beyond relief already announced, Centre tells SC – Times of India

NEW DELHI: Amid demands for succour from sectors such as real estate, the Centre on Friday said it would not be possible to add...

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