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Total 319 results found. Search for [ RBI moratorium ]

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BusinessToday.In
May 30, 2020
The announcement comes after the Reserve Bank of India extended moratorium on equated monthly instalments (EMIs) of loans by three months till August 31, 2020


Aprajita Sharma
New Delhi, May 29, 2020
Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses


Nevin John
May 29, 2020
\"Everybody is conserving cash at present and postponed the discretionary purchases. Post monsoon, the farmer community will start earning and the demand will pick up by the festival season,\" said Ramesh Iyer of Mahindra Finance


Chitranjan Kumar
New Delhi, May 28, 2020
For the fourth quarter ended March 31, 2020, Federal Bank reported a net profit of Rs 301.23 crore compared to Rs 381.51 crore in the year-ago period, registering a year-on-year decline of 21.04 per cent


BusinessToday.In
New Delhi, May 28, 2020
At least seven deaths on-board migrant special trains were reported on Wednesday, officials said, putting the Railways in the dock over its handling of these non-AC trains. The national transporter said most of the deceased had pre-existing health conditions; The Centre may ask states and union territories to take a call on future curbs on their respective jurisdictions after lockdown 4.0 ends on May 31; In a much needed respite to borrowers hit by coronavirus crisis, State Bank of India, the country's largest lender, has extended the moratorium on term loan EMIs by another three months, in line with Reserve Bank of India's (RBI) recent announcement. Watch this and more on News Blast.Also Read: Lockdown 5.0 guidelines: Select cities may have restrictions; is yours on the list?


BusinessToday.In
New Delhi, May 28, 2020
India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank reportIndia's GDP growth is expected to slow down to 1.5 per cent in the fourth quarter of the financial year 2019-20 with a \"possible downside bias\", falling sharply from the 4.7 per cent reported in Q3, on account of the spread of the coronavirus and subsequent lockdown, a research by private lender ICICI Bank said on Wednesday.Google faces antitrust case in India over payments appIndia's antitrust body is looking ...


Nevin John
May 27, 2020
Since gold price has increased by nearly 50 per cent in the last one year, gold loan companies are at an advantage as 'loan to value' - the ratio of money lent against the value of gold - has been reduced substantially


BusinessToday.In
New Delhi, May 27, 2020
The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI


Naveen Kumar
New Delhi, May 27, 2020
Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank


Anand Adhikari
May 27, 2020
The bank has to prepare for new set of NPAs post August when the six-month moratorium period ends


BusinessToday.In
May 27, 2020
The top court has sent a notice to the Centre and RBI on a plea challenging the provision under the apex bank's EMI moratorium directive which allowed interest liabilities to accrue


Niti Kiran
May 26, 2020
In the week ending May 29, 2020, the banking system liquidity is expected to remain in a surplus position with the growth in the bank deposits and contraction in the bank credit off take


Ashish Pandey
New Delhi, May 26, 2020
The loan moratorium has now been extended till August 31 for 6 months owing to continuing  disruptions  on account  of  coronavirus crisis


E Kumar Sharma
New Delhi, May 24, 2020
The available data shows how the sector has suffered in the past few weeks and is now trying to recover


Aprajita Sharma
New Delhi, May 24, 2020
A balance sheet recession happens when highly indebted companies collectively focus on reducing debt instead of growth, causing rut in the economy


BusinessToday.In
May 23, 2020
P Chidambaram questioned RBI's decision to infuse more liquidity even though economic growth in the financial year 2020-21 is headed towards negative territory


BusinessToday.In
May 23, 2020
RBI rate cut: The extension of moratorium on loans by three months is suited for borrowers hit by the coronavirus lockdown


BusinessToday.In
New Delhi, May 22, 2020
Prime Minister Narendra Modi on Friday announced an advance interim assistance of Rs 1,000 crore for cyclone-hit West Bengal. PM Modi announced aid after reviewing the situation with Bengal Governor Jagdeep Dhankhar and Chief Minister Mamata Banerjee. The PM also declared an ex-gratia of Rs 2 lakh to the families of each of those killed during the devastation caused by cyclone Amphan, and Rs 50,000 for the injured. At least 80 people have been reported killed so far in West Bengal due to the extremely severe cyclone. Watch the video for more.Sensex slips 260 points on loan relief by RBI, negative GDP growth projection


BusinessToday.In
New Delhi, May 22, 2020
RBI governor Shaktikanta Das has reduced the repo rate by 40 basis points to 4 per cent - the lowest ever. The repo rate had already hit its lowest at 4.4 per cent in March when the RBI had reduced the rate by 75 basis points. Before this, it had hit the lowest point of 4.75 per cent in April 2009. Further, the central bank has extended the moratorium period on term and credit card loans by another three months until August 31. Watch as Rajeev Dubey, Editor, Business Today, explains the effects of these measures on Indian companies.Coronavirus impact: What the future holds for battered restaurant industry


E Kumar Sharma
New Delhi, May 22, 2020
Even if there is a welcome extension of the moratorium on interest repayment, it has to be repaid as it is a loan and not a grant or an interest free loan


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