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You Searched For "RBI moratorium" and got 20 results


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RBI is using lessons from 2008 financial crisis to handle the Covid-19 lockdown effect on the economy

The global financial crisis of 2008 was the biggest economic crash of the 21st century — that is …

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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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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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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…

PTI   


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Yes Bank is damaged beyond repair, says Nomura while RBI tells depositors to keep calm

The private bank on the brink of collapse has been saved by the government, and the regulator Reser…

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1 min read

Banks uncertain over loan moratorium to NBFCs, to approach RBI

The funds availed under this will have to be invested in investment grade bonds, commercial papers,…

PTI   


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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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3 mins read

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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4 mins read

Yes Bank placed under moratorium; RBI supersedes board

"The Reserve Bank came to the conclusion that in the absence of a credible revival plan, and in pu…

PTI   


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1 min read

RBI's extension of moratorium on repayment of loans will help aviation companies: Puri

"These announcements will also benefit aviation sector companies, including airports, airlines, fre…

PTI   


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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   


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SC seeks reply of Centre, RBI on plea of CREDAI on loan moratorium

On March 27, RBI had issued slew of measures to check financial impact of the nationwide lockdown …

PTI   


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2 mins read

About 328 entities opt for RBI's 3-month moratorium: Icra

Among the financiers, city-based Centrum Financial Services, Creditaccess Grameen, Indostar Capital…

PTI   


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YES Bank moratorium could be lifted within a week, says RBI-appointed administrator

Prashant Kumar, who has been appointed as the administrator for YES Bank by the RBI, told CNBC-T…

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2 mins read

SBI statement on proposed Yes Bank bailout is far from reassuring

Before the Reserve Bank of India put in a limit of ₹50,o00 on withdrawals by depositors in Yes Ban…

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2 mins read

In the Yes Bank crisis, one chart shows how rumours were used to trap small investors

Now, the shares of Yes Bank, which are trading about ₹37 a piece, may be worth ₹1 soon, accord…

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2 mins read

Yes Bank mobile and net banking down after RBI limits withdrawals to ₹50,000

In a busy day for Yes Bank, withdrawals were capped at ₹50,000 in the evening today, March 5, by …

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1 min read

Appreciate difficulties of PMC bank depositors on moratorium on withdrawals, HC to Centre, RBI

After hearing all sides in the matter, the bench said,"We direct the concerned respondents to appre…

PTI   


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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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Retailers seek RBI intervention as banks unwilling to extend debt moratorium to borrowers

The country is under a three-week lockdown starting March 25 and the number of cases infected with…

PTI