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BusinessToday.In
October 27, 2020
Last week, the government had directed banks to credit the difference between compound interest and simple interest collected on loans of up to Rs 2 crore by November 5


BusinessToday.In
October 27, 2020
The scheme authorises ex-gratia payment to a specific class of borrowers by way of crediting the difference between simple and compound interest for the period between March 1, 2020, and August 31, 2020, by respective credit establishments


BusinessToday.In
October 27, 2020
Solicitor General Tushar Mehta has advised the government that the decision of an arbitration tribunal cannot contradict the law passed by a sovereign parliament


BusinessToday.In
October 27, 2020
Delhi recorded a 24-hour average air quality index (AQI) of 353 on Monday. It was 349 on Sunday, 345 on Saturday, and 366 on Friday. Delhi's air quality is predicted to remain in the 'very poor' category till October 31


BusinessToday.In
October 26, 2020
Extending the benefits of interest waiver to all borrowers also allays feeling of unfair treatment that borrowers could have otherwise harboured, CRISIL said


BusinessToday.In
October 26, 2020
Solicitor General Tushar Mehta told the bench that the Centre has taken a holistic view of the matter and the draft of the proposed law on curbing pollution would be submitted in the apex court within four days


PTI
October 26, 2020
Amazon had moved the high court seeking a stay on the investigation ordered by the CCI. Flipkart also filed a petition in the High Court seeking to quash the order passed by the CCI


BusinessToday.In
October 26, 2020
SBI senior counsel Mukul Rohatgi, informed the apex court that Mallya is facing bankruptcy proceedings in the UK, besides extradition proceedings


Chitranjan Kumar
October 26, 2020
Kotak Mahindra Bank Q2 results: Net interest income (NII), the difference between interest earned and interest expended, rose 17 per cent Rs 3,913 crore, from Rs 3,350 crore in Q2FY20


Naveen Kumar
October 24, 2020
Pushed by the Supreme Court, this interest waiver may appear to be a good relief for the borrowers; however, going by the basic method of computation, the benefit for retail borrowers appears to be marginal


Vivek Punj
New Delhi, October 24, 2020
Finance Ministry issues guidelines for implementation of interest waiverFinance Ministry has approved guidelines for a scheme granting ex-gratia payment against the difference between compound interest and simple interest for six months on loans up to Rs 2 crore. The guidelines came after the Supreme Court directed the Centre to implement as soon as possible the interest waiver on such loans during the RBI moratorium. As per the operational guidelines by Department of Financial Services, the...


PTI
October 24, 2020
Housing loan, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme


Anand Adhikari
October 23, 2020
Private banks with existing exposure are cautious because of the group's stretched financial situation. The holding company has already approached the banks for a one time restructuring under the COVID-19 relief package


Prasanna Mohanty
October 22, 2020
Many studies, including those by top government bodies, identify top polluters of Delhi air as industries, vehicles and dust; the annual, ritualistic bashing of Punjab farmers in winter months only helps in shifting the blame and allows government agencies to evade accountability


BusinessToday.In
October 21, 2020
While hearing various PILs on alleged electronic media trial in the Sushant Singh Rajput death case, the court directed Additional Solicitor General (ASG) Anil Singh to gather information from the ministry


BusinessToday.In
October 20, 2020
On the financial front, Equitas Small Finance Bank's net profit increased to Rs 243 crore in FY20, from Rs 210 crore in FY19, while its net income rose to 1,777 crores in FY20


BusinessToday.In
October 19, 2020
The benefit may be extended to all types of loans, comprising home mortgages, and to debtors/borrowers who paid their EMIs during the moratorium period


Associated Press
October 18, 2020
Facebook is beset with challenges in the face of a presidential election complicated by a pandemic; here's are some of its most significant steps and missteps in the fight against misinformation


BusinessToday.In
October 17, 2020
Net interest income (NII) increased 16.7 per cent during the second quarter of FY21 to Rs 15,776.4 crore from Rs 13,515 crore in the corresponding quarter last fiscal


BusinessToday.In
October 17, 2020
The DGCA said that travel agents are obligated to immediately transfer refund to passengers once the same is received from the airline. Withholding the same would result in violation of SC order


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