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Total 20 results found. Search for [ emi moratorium extension news ]

Results 1 to 20 of 20
BusinessToday.In
September 2, 2020
A bench headed by Justice Ashok Bhushan, which commenced final hearing on a batch of petitions on waiver of interest on deferred loans, was told that paying interest on interest is a \"double whammy\" for borrowers and banks cannot charge it


BusinessToday.In
September 1, 2020
Govt is in process of identifying distressed sectors to vary benefits as per the impact of hit they have taken due to COVID-19, said Solicitor General


BusinessToday.In
August 6, 2020
India Stock Market Highlights Today: ONGC, followed by Tech Mahindra, TCS, HCL Tech, NTPC, Infosys and HDFC duo were among the top gainers today, while Maruti, Axis Bank, Bharti Airtel, M&M and Reliance Industries were among the laggards.


Naveen Kumar
June 6, 2020
While some borrowers get benefits of repo rate cuts quickly, others have to wait longer depending upon the tenure and regime of their loan


BusinessToday.In
June 4, 2020
The RBI filed the affidavit, responding to a court notice on a public interest litigation (PIL) seeking direction from the SC to waive the interest on loans during the moratorium period in the wake of COVID-19 crisis


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 ...


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


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


Aprajita Sharma
New Delhi, May 22, 2020
The repo rate cut is good news for home loan, car loan or other borrowers who would soon see their EMI burden ease off


BusinessToday.In
New Delhi, May 22, 2020
The loan moratorium has now been extended till August 31 for 6 months


PTI
May 18, 2020
An extended moratorium will imply that companies need not repay loans until August 31, 2020. That, however, will result to a build-up in interest that companies may not be able to service in September


Aprajita Sharma
April 29, 2020
Observing the need gap, two start-ups LazyPay and Spocto have launched products that will help you figure if you require the moratorium or not


BusinessToday.In
April 14, 2020
According to Indian Chamber of Commerce (ICC), the realty sector is witnessing  65 per cent payment defaults from customers for under-construction projects


Naveen Kumar
April 13, 2020
There are many lenders who have gone for default EMI moratorium and not asked borrowers. Some have given the option to borrowers to contact the bank and allow EMI deduction


Ashish Pandey
New Delhi, April 2, 2020
The loan borrowers, account holders and credit cardholders can get their EMIs rescheduled through the moratorium of 3 months on payment of all term loan installments due between March 1 and May 31 according to the RBI COVID-19 relief package


Ashish Pandey
April 1, 2020
The order may impact monthly earnings of people who are largely dependent on rent, especially senior citizens


Ashish Pandey
April 1, 2020
Provision may allow for deferment of EMI payment due in March, April, and May, but interest will continue to accrue for this period


Sumant Banerji
March 27, 2020
Major relief measures sought by the industry also include relaxation in fixed electricity charges and relaxation in levy demurrage charges for at least 7 days for import cargo clearance


Kamya Jaiswal
April 3, 2009
Struck by the slowdown, those in the 25-35-year age group have shown surprising resilience. These children of good times have restrategised their finances so well that all investors can learn from them.


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