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Airtel opts for AGR dues moratorium, becomes the second telco to do so
Airtel is also expected to free up its cash-flow by up to ₹40,000 crore due to the moratorium.…
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…
HDFC Bank likely to remain ahead of peers in second quarter — all eyes on loan restructuring, moratorium, and asset quality
HDFC Bank’s second-quarter results won’t be immune to the issues of the moratorium, restructuring o…
Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow
Axis Bank, India’s third-largest private sector lender after HDFC Bank and Kotak Mahindra, isn’t ex…
Banks could extend RBI's second moratorium 'selectively'
Sources said that banks are evaluating their loan portfolio with regard to customers who availed…
Vodafone Idea and Airtel need tariff hikes, AGR moratorium might not be enough, say analysts
At the outset, the package benefits Airtel and Vodafone Idea the most. It’s especially critica…
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…
I'm a landlord with 24 properties. We're suffering during Biden's eviction ban, too, and no one is helping.
The US eviction moratorium now lasts through Oct. 3. It "ties the hands of hardworking landlords li…
Jamie Killin
Nancy Pelosi and Joe Biden play hot potato with evictions, pointing fingers over who should extend the moratorium
"It is unfathomable that we would not act to prevent people from being evicted," Pelosi said in a M…
Joseph Zeballos-Roig
Protesters stick 'eviction notice' on Nancy Pelosi's California home as moratorium expires
Around 40 activists protested outside Nancy Pelosi's San Francisco home and called on her to push f…
Joshua Zitser
Progressive Cori Bush says 'some Democrats went on vacation instead' of preventing the eviction moratorium from expiring
Once the moratorium expires on July 31, about 7.4 million Americans will risk eviction in the comin…
Yelena Dzhanova
Democrats are scrambling to renew a eviction moratorium after Biden urged extension at the last-minute
In a statement to Insider, a spokesperson for Sherrod Brown said he was drafting a bill. Six millio…
Joseph Zeballos-Roig
Biden will let a Trump-era eviction ban expire in 2 days, jeopardizing the homes of 6 million renters
The White House said its hands were tied due to a Supreme Court ruling. Democrats were ramping up p…
Joseph Zeballos-Roig
AOC, other top Democrats urge Biden to prevent 'wave of evictions' because millions are at housing risk in 3 days
Sherrod Brown isn't yet urging a renewal of the eviction ban, but his Senate colleague Dick Durbin …
Joseph Zeballos-Roig
SBI, HDFC Bank, Axis Bank and other bank stocks tread caution as they wait with bated breath for Supreme Court verdict on moratorium
According to Solicitor General Tushar Mehta, a committee had been …
NYC still has the most homeowners worth over $30 million in the world, study says
NYC, Los Angeles, and London still had the most ultrawealthy homeowners as of December. The pandemi…
Ayelet Sheffey
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…
Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet
Axis Bank’s profit is in the green again after reporting a dip of 19% last quarter. Between July an…
Kotak Mahindra Bank still on ‘alert’ as profit improves 27% over the last three months
Kotak Mahindra Bank (KMB) is still on ‘alert’ as it recovers from the COVID-19 impact. In the three…
One-time loan restructuring dilemma - RBI won’t commit, and India Inc won’t stop asking for it
RBI’s dilemma is choosing between what former governor Raghu Rajan once called “deceptive bankin…