Sun, Apr 04, 2021
Public sector banks may have to bear a burden of Rs 1,800-2,000 crore arising due to a recent Supreme Court judgement on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020, sources said.
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Tue, Mar 23, 2021
Loan Moratorium News Today Supreme Court: It's a good news for loan borrowers!
Loan Moratorium News Today Supreme Court: No complete interest waiver!
Sat, Jan 16, 2021
A number of petitions had been filed before the Supreme Court seeking its direction for initiation of contempt of court proceedings and punishing Reserve Bank of India Governor Shaktikanta Das, and others for allegedly and willfully violating the apex court`s order
Thu, Nov 19, 2020
Interest on interest-Loan Moratorium case: The banking sector cannot withstand any further financial pressure, the Center told the Supreme Court on Thursday during major hearing to decide whether additional interest should be charged to borrowers for choosing to defer their EMIs due during the coronavirus pandemic-related lockdown.
Wed, Nov 04, 2020
Bank loan moratorium interest on interest waiver: Banks have started refunding borrowers the compound interest charged on specified loan accounts during the moratorium period.
Tue, Oct 27, 2020
Loan Moratorium Latest News:The government had asked the lending institutions to complete the exercise of crediting the amount in the accounts of borrowers by November 5.
Mon, Oct 26, 2020
All lending institutions will credit the difference between compound interest and simple interest on loans to eligible borrowers for the period between March 1 and August 31.
Wed, Oct 14, 2020
The Supreme Court today refused to allow the government a month's time to implement the interest waiver on loans of up to ₹ 2 crore, asking a decision has already been taken, why should it take so long to execute it.
Fri, Sep 11, 2020
Solicitor General Tushar Mehta, appearing for the Centre, said that the government at the highest level is considering all issues raised in the batch of petitions and within two weeks, appropriate decision will be taken with regard to the problems faced by different sectors.
Wed, Sep 02, 2020
The hearing of loan moratorium case is still going on in the Supreme Court. It remains to be seen whether Supreme Court will grant relief on the interest charged during moratorium. SC's decision on extending the moratorium period is still awaited.
Tue, Sep 01, 2020
EMI loan moratorium extension: Central Government submitted affidavit in the Supreme Court regarding Loan Moratorium. Moratorium payment period can be extended by up to 2 years. The previous moratorium facility ended on 31 August.
Mon, Jul 27, 2020
Today Deepak Parekh says, RBI should not extend loan moratorium, it is being misused
Tue, Apr 14, 2020
Banks and non-banking financial companies (NBFCs) may find it difficult to extend the Reserve Bank of India's moratorium on securitised loans under the current form of agreements, according to a report by CARE Ratings
Wed, Apr 08, 2020
In this segment watch, which all banks are offering loan moratorium and what rules are they offering.
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