RBI moratorium

You Cannot Withdraw More Than Rs 25,000 From This Private Bank Now; Moratorium Imposed By RBI In a twist of events, the Reserve Bank of India (RBI) has imposed a moratorium of 1 month on Lakshmi Vilas Bank, and this means that customers…

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…

RBI Can Extend Moratorium On EMIs, Loan Repayment By 3 Months Extra: But Should You Delay EMIs? The Reserve Bank of India (RBI) may extend the loan moratorium facility by another three months, in compliance with the extension of…

Petition Filed In Supreme Court To Stop Banks From Charging Interest During 3-Month Loan Moratorium The lockdown announced by PM Modi for a period of 21 days to curb the spread of Covid-19 pandemic has brought the Indian businesses and…

PNB Expects Rs 5000 Cr 'Slippages' In Q4; But No Employee Will Be Fired Due To Mergers The Punjab National Bank (PNB) Merger with United Bank and Oriental Bank of Commerce came into effect from April 1, 2020. S S Mallikarjuna Rao,…

Don't Delay Credit Card, Loan EMI Even If RBI Has Allowed 3-Months Extention: Here Is The Reason Why? The lockdown announced by PM Modi for a period of 21 days to curb the spread of Covid-19 pandemic has brought the Indian businesses…