loan moratorium

#Covid19: Big Private Banks Seek Loan Moratorium For Customers Due To 2nd Wave On Tuesday, the chiefs of private sector banks met with Reserve Bank of India Governor Shaktikanta Das to pitch for a limited moratorium of payments…

The finance ministry withdraws yesterday's order of slashing interest rates on small savings schemes. On Wednesday (March 31), the government had slashed interest rates on small savings schemes, including NSC and PPF, for the first…

Supreme Court passes judgement on the best interests of banks and loan borrowers, on the issue of waiving interests on EMI during the loan moratorium period. On Tuesday, a finalized decision came from the Supreme Court, in regards to…

50% Of SBI's Net Worth Will Vanish If Govt Gives Loan Moratorium, Interest Waiver To All Borrowers On Tuesday, the government argued against in regards to the six-month moratorium period which ended on 31 August said that any further…

SC Orders Govt To Waive Off Interest On These 8 Categories Of Loans Under Rs 2 Crore The Supreme Court on Friday directed the government to make sure that all steps be taken to implement its decision to forego interest on eight…

Govt Says No More Loan Moratorium; SC Asks Why Credit Card Users Got Refund? On Thursday, the top court asked the Central government, why credit-card users should be entitled to the benefit of compound interest waiver under Reserve…

All Borrowers In India Will Get Back Interest On Interest Charged During Lockdown By November 5th; Which Loans Are Eligible? Amidst the ongoing reports on the RBI loan moratorium, we informed you that the Supreme Court directed the…

Govt Wants To Pay Interest On Your EMIs During Loan Moratorium: Will SC Allow? The Coronavirus pandemic and the lockdown impacted loan borrowers’ ability to pay EMIs, for which there was a moratorium period announced. However, now,…

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…

Govt Will Reward If You Paid EMIs & Didn't Opt For Loan Moratorium; Cashback, Interest Waiver? The government has waived off the interest on the loan moratorium bringing a huge relief to the borrowers. In other words, they are…