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Total 294 results found. Search for [ moratorium period ]

Results 1 to 21 of 294
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


Anand Adhikari
May 29, 2020
This is despite the borrowers opting for loan moratorium, which ideally increases the outstanding loan book because the deferred interest and principal get added to the loan amount


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


Nirbhay Kumar
May 28, 2020
In a letter to Tourism Minister Prahlad Singh Patel, FAITH Chairman Nakul Anand has said that viable tourism business will not restart for almost 15 months after the lockdown is lifted


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


Nirbhay Kumar
New Delhi, May 27, 2020
As per data compiled by the Ministry of Micro, Small and Medium Enterprises (MSMEs), Bihar ranked number 3 in MSME registration leaving behind the most populous state of Uttar Pradesh and the industrial states of Gujarat and Karnataka


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


Rahul Shrivastava
New Delhi, May 26, 2020
MSMEs or business enterprises - constituted as proprietorships, partnerships, registered companies, trusts and limited liability partnerships (LLPs), as well as interested borrowers under Pradhan Mantri Mudra Yojna - would be eligible for the scheme


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


PTI
May 25, 2020
\"The travel and tourism sector is going through a very bad phase. It has taken a severe beating due to the COVID-19 outbreak with lakhs of people dependent on it suffering immense losses and job cuts,\" the report said


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


PTI
May 24, 2020
According to Dun & Bradstreet's latest Economic Observer, the country's economic recovery will depend on the efficacy and duration of implementation of the government's stimulus package


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


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


Mudit Kapoor | Ashish Pandey
New Delhi, May 22, 2020
If the banks pass on the benefit and slash the marginal cost of funds based lending rates (MCLR), it may have a direct impact on the amount of equated monthly installment (EMI) customers pay for their loans


BusinessToday.In
New Delhi, May 22, 2020
In his policy briefing, Das says that on quantum of reduction, MPC voted with a 5-1 majority to reduce policy rate by 40 basis points from 4.4 per cent to 4 per cent


Aprajita Sharma
New Delhi, May 22, 2020
If you are a risk averse investor looking to park your surplus cash in FDs, but disappointed with low interest rates that public sector banks are offering, you must know there are ways to earn decent returns


BusinessToday.In
New Delhi, May 22, 2020
Apex bank had earlier extended scheme providing interest subsidy for post and pre-shipment export credit by a year till March 31, 2021; RBI announced a cut in repo rate by 40 bps to 4 per cent


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