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2 mins read

How to avail three-month moratorium for SBI EMI and credit cards

Customers of SBI that have a term loan such as a personal loan, car loan, two-wheeler loan or if…

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2 mins read

Banks could extend RBI's second moratorium 'selectively'

Sources said that banks are evaluating their loan portfolio with regard to customers who availed…

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2 mins read

No EMI payments for home, car, and corporate and other loans for 3 months says RBI

The 3-month moratorium implies that the collective interest of those 3-months — the equated mo…

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7 mins read

FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association

A statement by the Indian Banks Association, answers all the frequently asked questions that yo…

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How to avail three-month moratorium for ICICI Bank EMI and credit cards

If you have a term loan such as a personal loan, car loan, two-wheeler loan or if you have avail…

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1 min read

Telcos to opt for EMI moratorium; tariff to remain stable: COAI

The RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months, sla…

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No EMI payments for six months as RBI extends moratorium on loans repayments till August 31

“In view of the extension of the lockdown and continuing disruptions on account of COVID-19, the…

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5 mins read

Can I defer my credit card payments and FAQs on HDFC Bank’s moratorium process answered

We understand in this current situation there may be disruptions in business leading to low cash…

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1 min read

RBI asks lending firms to allow 3-month moratorium on EMI payments

RBI Governor Shaktikanta Das in a press conference said these are extraordinary circumstances, and …

PTI   


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1 min read

SBI simplifies EMI moratorium process, starts notifying eligible borrowers via SMS

It has reached out to all its eligible loan customers to obtain their consent to stop their standi…

PTI   


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4 mins read

EMI moratorium: Borrowers unlikely to get significant gains; banks to charge interest later

To give you a perspective, it said, "suppose your loan outstanding is Rs 1,00,000 and you are char…

PTI   


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Covid-19: Banks sensitise branches on EMI moratorium, other RBI relief measures

"Lending institutions shall frame board-approved policies for providing the above mentioned reliefs…

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2 mins read

Confusion prevails among borrowers over three-month moratorium as many get EMI reminders

On Saturday, a Navi Mumbai homemaker who has a monthly investment plan from ICICI Lombard received…

PTI   


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1 min read

RBI 3-month EMI moratorium could provide Rs 2.1 lakh cr liquidity to Cos

"All companies will substantially benefit from the moratorium as the median salary cover is 0.65 ti…

PTI   


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Supreme Court verdict on loan moratorium case deferred to November 5

"These moratorium matters were listed yesterday but they came up today.I am requesting for an adjou…

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Supreme Court says banks are free to restructure loans, but can't penalise borrowers availing moratorium benefit

Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan fr…

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4 mins read

Ujjivan Small Finance Bank sees shrinking interest and fee incomes due to loan moratorium this year

"Although we shall continue to accrue interest income on the outstanding portfolio including those …

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4 mins read

India's banking stocks are down 7% this week despite a rate cut by RBI and a pause on new bad loans and bankruptcies

The stocks look cheap as the Bank Nifty has already lost over 46% this year so far, but …

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2 mins read

RBI may extend moratorium on loans by another 3 months

"All commercial banks (including regional rural banks, small finance banks and local area banks), c…

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RBI extends moratorium on loans for another 3 months till Aug

As a result of this moratorium, individuals' EMI repayments of loans taken were not deducted from …

PTI