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Total 35 results found. Search for [ rbi emi moratorium extension ]

Results 1 to 21 of 35
BusinessToday.In
September 22, 2020
State Bank of India (SBI) has introduced a loan restructuring policy with an aim to provide further relief to home and retail borrowers amid ongoing coronavirus crisis


Nirbhay Kumar
September 15, 2020
Representatives of various industry bodies suggested that banks should not charge interest on interest and instead only recover the cost of finance from borrowers who availed moratorium on loans


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


PTI
September 2, 2020
Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan from a bank, assailed the accrual of interests on EMIs even during the moratorium period


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


PTI
August 31, 2020
In a report released on the last day of the moratorium, the agency said it analysed 2,300 non-financial sector companies which have taken recourse to non-payment of loans, and found that three-fourths of entities are sub-investment grade


PTI
August 29, 2020
The RBI may not extend the moratorium as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the Covid-19


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.


Nirbhay Kumar
August 3, 2020
MSMEs body says the industry is not back on its feet yet and needs more support from the regulator to overcome the current crisis


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


Ashish Pandey
New Delhi, June 4, 2020
The real estate sector has already been stressed by a lack of liquidity for both developers and buyers due to several factors including NBFC crisis


Anand Adhikari
June 4, 2020
Small finance banks and those dealing with micro lending like Bandhan Bank have seen more than 90 per cent of their micro loan book come under moratorium


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
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


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
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


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


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