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SC Wants Interest Waiver On Loan Moratorium By Diwali; Stops Govt From Delaying It By Setting Fresh…
Supreme Court orders sets the deadline for interest waiver on loans worth upto Rs 2 Crore, until Nov 2.
Last week, we informed you that the Government shall be renouncing the interest on interest accrued over the extension period of EMI…
RBI: Loan Moratorium Extension Not Possible, Get Ready To Pay EMIs; Extra Interest Has To Be Paid?
In the loan moratorium case, RBI has informed that it's not possible to add more relief including the already announced relief package. The government has already agreed to waive compound interest on loans up to 2 crores under the relief…
Loan Moratorium Relief: No Interest On EMI Delay, Reward For Paying EMI (Govt Proposal)
Loan Moratorium Relief: No Interest On EMI Delay, Reward For Paying EMI (Govt Proposal)
We have covered in detail about every more in the banking sector, when it comes to the ‘loan moratorium’ issue.
Last month, we covered a story,…
HDFC Can Launch A UPI-Alternative! After SBI, HDFC Joins Race To Rival NPCI
HDFC Bank plans to set up a pan India umbrella entity to boost retail payment in the country.
On August 18, the regulator bank RBI released the framework for authorizing umbrella entities for retail payments, pan-India.
Consequently,…
New Credit/Debit Card Rules: Online Payment, NFC Disabled For These Cards (Full List Of RBI Rules)
New Credit/Debit Card Rules: Online Payment, NFC Disabled For These Cards (Full List Of RBI Rules)
We have covered countless articles on credit card and debit card frauds. Needless to say, the numbers have only increased despite the…
No EMIs For Two Years: Here’s How To Apply For 2 Year Loan Moratorium
How to get two year loan moratorium? Banks are now offering a two year moratorium as per the new restructuring scheme. The new loan restructuring policy approved by the Reserve Bank of India (RBI). So, you don’t have to pay EMIs for your…
Govt Will Infuse Rs 20,000 Cr In PSU Banks Like SBI, PNB, BoB & More: But Why?
The Government will infuse a sum of Rs 20,000 crore in public sector banks, to help them recover from the financial standstill that has affected banks amidst the coronavirus pandemic.
The government finally seeked the Parliamentary nod…
Loan Moratorium Extended Till December? Here’s What RBI’s Planning – No EMI, Loans…
No EMIs, loans till December? Loan moratorium extension till December? Here's what RBI is planning for common people. While the court has already extended the loan moratorium repayment till September 28, it may eventually be extended till…
Supreme Courts Orders Indirect Loan Moratorium For 60 Days: No Action If You Are Not Paying EMIs
Supreme Courts Orders Indirect Loan Moratorium For 60 Days: No Action If You Are Not Paying EMIs
Right since March 27, when the central bank RBI announced a 3-month moratorium period for EMI payments, payable between March 1 and May…
No EMI For 2 Years? Govt Wants To Extend Loan Moratorium For 2 Years
Centre to Supreme Court that EMI moratorium on repayment of loans can be extended upto 2 years.
We have a follow up news on the moratorium on repayment of loans allowed by the government due to the coronavirus pandemic.
The Centre…
Govt Stops Banks From Charging UPI, Digital Payments; All Charges To Be Refunded Back Effective…
Govt Stops Banks From Charging UPI, Digital Payments; All Charges To Be Refunded Back Effective January 1
This story has been especially released, keeping in mind the highest concern for public interest.
Since digital payments have…
SBI, PNB, BoB Will Sell Their Shares To Private Investors: Indian, Foreign Investors Will Bid
5 major public sector banks, including SBI and PNB are ready to sell their shares to institutional investors for bolstering their capital base.
Public sector banks have been the hot shot of the hour.
Not only have they been on the…
No Brokers Required! SEBI Will Soon Allow You To Directly Invest In BSE, NSE Without Any Broker
No Brokers Required! SEBI Will Soon Allow You To Directly Invest In BSE, NSE Without Any Broker
According to
a report published by HDFC Securities in March
2019, the Indian online trading industry took a quick rise.
The trading…
RBI Cracks Down On Loan Apps For Blackmailing Users, Hijacking Phone Contacts For Recovery; Strict…
RBI Cracks Down On Loan Apps For Blackmailing Users, Hijacking Phone Contacts For Recovery; Strict Rules Formed
Have you been interacting with digital lending platforms
(like apps) for the purpose of taking up a loan? Have you noticed…
2.57 Lakh SBI Employees Can ‘Work From Anywhere’ To Serve Customers; Work From Home…
2.57 Lakh SBI Employees Can 'Work From Anywhere' To Serve Customers; Work From Home Policy Changed?
With ‘Work from Home’ becoming the new work ethic, financial
institutions too have started to slowly but steadily blend into it.
…
Privatization Of LIC Begins As Govt Aims To Disinvest Stake; Advisors For LIC IPO Being Searched
Privatization Of LIC Begins As Govt Aims To Disinvest Stake; Advisors For LIC IPO Being Searched
The Centre has invited up to two pre-IPO transaction advisors, for partial divestment of its stake in the Life Insurance Corporation of…
H1B Visa Suspension: Shares Of Infosys, TCS, Tech M, HCL, Wipro Crash As Market Worried Over Impact
H1B Visa Suspension: Shares Of Infosys, TCS, Tech Mahindra, HCL, Wipro Crash As Market Worried Over Impact
On April 22, 2020 US President Donald Trump issued a Presidential proclamation, which suspended the entry of most new immigrants,…
RBI Starts Daily Reporting Of Payments: UPI, NEFT Usage 1300% More Than Cash!
RBI Starts Daily Reporting Of Payments: UPI, NEFT Usage 1300% More Than Cash!
We all are well familiar with the phrase, “Cash is King”.
Maybe this is the right time to unlearn the statement?
The new data released by the RBI may…
Supreme Court Scolds RBI For Charging Interest On EMI, Loan Moratorium; 2 Lakh Cr Income For Banks?
Supreme Court Scolds RBI For Charging Interest On EMI, Loan Moratorium; 2 Lakh Cr Income For Banks?
The Reserve Bank of India’s on March 27 passed a circular, permitting all the lending institutions to allow a three moratorium period on…
This Govt Scheme Can Give Senior Citizen Couples Rs 18,500 Pension/Month For 10 Years
This Govt Scheme Can Give Senior Citizen Couples Rs 18,500 Pension/Month For 10 Years
Fixed deposits and monthly pension schemes are two most
popular investment options for senior citizens.
Speaking of pension schemes, one such is…