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RBI and banks caught in the crosshairs as the Supreme Court adjourns loan moratorium hearing for a second time to November 18

The bench headed by Justice Ashok Bushan has adjourned the cases to November 18. It has, however…

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Supreme Court told that blanket waiver of moratorium loans would take ₹6 lakh crore and wipe out the net worth of banks

The Centre on Tuesday informed the Supreme Court that it would have to forego more than Rs 6 lakh c…

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Loan moratorium case: India’s power sector players want the Supreme Court to ‘plug’ the loopholes in RBI’s restructuring scheme

“The circular of the RBI dated October 6 has created inadvertent exclusions,” Singhvi told the c…

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Supreme Court defers loan moratorium case hearing to October 13 — gives RBI and the government another week to file additional affidavits

The Supreme Court of India has granted the Reserve Bank of India (RBI) and the Central Government a…

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India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic

India’s apex court has ordered the waiver of interest on interest on all loans under moratorium, no…

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India's banking stocks are on fire after top court allows them to call out bad loans

Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…

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Bank stocks gain as Supreme Court defers verdict on loan moratorium case to October 5

At the time it gave the government another two weeks to file a detailed affidavit after Solicito…

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Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13

Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…

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Supreme Court reserves verdict on extension of loan moratorium period

The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…

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Supreme Court wants the government to give 'clear plan' on moratorium loan interest waiver by November 2 — 'Diwali is in your hands now'

The Supreme Court has set the deadline of November 2 for the ongoing case on whether or not the int…

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RBI clarifies restructuring only for loan accounts without any defaults as of March 1

This is because the restructuring framework is applicable only for eligible borrowers who were clas…

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Loan moratorium still ends on Aug 31 while Supreme Court gives the government another week to clarify if accrued interest should be waived

The government has another week to decide whether interest that loans built up during the last six …

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Lakshmi Vilas Bank promoter believes the RBI should've called for bids from interested parties other than DBS Bank for merger

Advocating proper valuation of Lakshmi Vilas Bank (LVB), its promoter has said that Singapore-based…

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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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Bad loans of India's banks to rise to 8-9% this year, says CRISIL

The Covid-19 relief measures such as the restructuring dispensation, and the Emergency Credit Li…

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Loan repayments will become due starting today — here are the options that borrowers have

The Reserve Bank of India’s (RBI) six-month moratorium came to an end on August 31, and payments ar…

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One in every five rupees lent by SBI to individuals, goes to government employees

That is one in every five rupees lent to individual borrowers goes to people working in the gove…

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After SBI, HDFC Bank issues restructuring guidelines for retail loans

Both banks are also offering to extend the balance tenure of the loan by a maximum of 24 month…

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SBI waives processing fee for car, gold and personal loans availed using YONO

To enlarge retail loans and online business, lendin g major SBI on Monday announced a 100 per cent …

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If you have a bank loan that you are unable to pay, restructuring is on its way

This means that you’re struggling to pay off your personal loans, you can ask the bank to modify…