Page 2 Moratorium: Latest News and Updates, Top Stories, Videos, Photos About Moratorium

Govt Ready To Waive Interest On Interest During Moratorium: Report

The Central Government has informed the Supreme Court that it has decided to waive "interest on interest" imposed during the 6-month moratorium, that ended on 31 August, for small ticket loans of individuals and MSMEs, according to a Times of India ...

Interest Waiver Case On Deferred EMIs Under Moratorium To Be Heard Next On Oct 5

On Monday, the apex court put off the interest waiver case to be next heard and decided on October 5. The plea also concerns to further extension of the moratorium period on loan repayment which was granted in view of the ...

Fin Min Appoints Committee To Assess Impact Of Interest Waiver During Moratorium

On Thursday, the Finance Ministry in a statement said that to address various concerns raised in the ongoing proceedings in the Supreme Court in the matter regarding the relief sought in terms of waiver of interest and waiver of interest on ...

Supreme Court Extends Interim Order On Loan Moratorium Till 28 Sept

On Thursday, the Supreme Court virtually extended loan repayment moratorium till 28 September as it ordered an interim extension of loan moratorium till the date directing banks to not tag any loans as non-performing assets (NPAs) till further directions. The ...

Govt Rules Out Across-The-Board Interest Waiver On Loans During Moratorium

On Tuesday, the central government told the Supreme Court that any across the board waiver of interest on bank loans under the moratorium period has to be ruled out as it would be undesirable in the current economic situation. The reply ...

Supreme Court Slams Govt For Not Clarifying Its Position On Loan Moratorium

On Wednesday, the Supreme Court asked the central government to clarify its position on the waiver of interest on loan as well as interest on interest amid the pandemic. "You cannot be interested only in business and not about sufferings of ...

Nearly 20% Of SBI Customers Have Availed Loan Moratorium

On Friday, State Bank of India (SBI) chairman Rajnish Kumar told reporters that close to 20 percent of the bank's borrowers have availed moratorium on repayment of term loans instalments. This comes after the Reserve Bank of India (RBI) allowed banks ...

What Happens If You Do Not Pay Your Credit Card Dues Till 31 August?

On Friday, the Reserve Bank of India (RBI) doubled the moratorium period for the repayment of term loans and credit card dues by another three months till 31 August to help those who have been facing any income disruptions due to ...

SBI, Bajaj Finance, SBI Cards Hit 52-Week Low After RBI’s Announcement

Following RBI's announcement that brings in relief to borrowers by way of extension of EMI moratorium by another 3 months until August 31, 2020, financial stocks including those from the NBFC, HFC and MFI pack took a heavy beating up to ...

Extension Of Moratorium Could Hit Banks

Banking stocks fell like non-pins in trade, as soon as the RBI Governor announced the extension of the loan Moratorium by another three months, until Aug 31, 2020. Banks, which are likely to get adversely impacted by the economic slowdown, posed ...

SBI Credit Cards Moratorium: How To Avail And All Details About The Same?

For those who wish to avail a moratorium on their SBI Cards, here are some of the details that you should know: 1. You will be eligible to opt for the moratorium if your account was in current status (non-delinquent with ...

Have Loans To Service Or Availing It: FAQs On Moratorium Etc.

After the relief of moratorium has been extended or while you may be servicing different debts or might be planning to take one, given the low interest rate regime, here are some queries answered. Also, whether or not the borrower shall ...

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