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2 mins read
Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know
The Compound Interest Waiver Scheme was released by Indian’s Ministry of Finance on October 23. It …
2 mins read
RBI directs banks and NBFCs to comply with interest waiver scheme
The Reserve Bank of India (RBI) has notified the Centre's scheme for ex-gratia payment of differenc…
2 mins read
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…
3 mins read
Home loans growing at a faster rate in Tier 3 and 4 districts, thanks to WFH: SBI report
A new report by SBI has revealed that thanks to WFH’s popularity, Indians are increasingly obtainin…
3 mins read
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…
4 mins read
₹2.5 lakh crore farm loan waivers announced – half received and 80% didn't even need them
In Chhattisgarh, all the 100% eligible farmers have received the loan waiver.
2 mins read
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…
4 mins read
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…
2 mins read
Maha budget allocates Rs 7,000cr for farm loan waiver scheme
Announcing two additional schemes, he said farmershaving arrears of more than Rs 2 lakh, taken duri…
PTI
3 mins read
Here’s what Modi government can learn from Odisha’s direct cash transfer scheme
Around 92% of the state’s farmers - from sharecroppers to large-holding farmers - are eligib…
2 mins read
Kisan Vikas Patra Vs Public Provident Fund(PPF) which is better?
While choosing to invest in KVP, individuals can earn up to 7.6% interest on their invested am…
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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…
PTI
2 mins read
PPF Vs Sukanya Samriddhi Yojana Scheme, which is better?
The parents or the legal guardians of a girl child can open an account on her behalf until…
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Govt notifies rules, forms for Vivad Se Vishwas scheme
On receipt of the declaration form and undertaking, the designated authority shall, within 15 days…
PTI
2 mins read
No extension beyond Dec 31 for Sabka Vishwas Scheme
New Delhi, Dec 16 () The finance ministry is unlikely to extend the last date for 'Sabka Vishwas Sc…
PTI
2 mins read
PPF Vs Sukanya Samriddhi Yojana Scheme which is better?
The parents or the legal guardians of a girl child can open an account on her behalf until she…
2 mins read
Govt to get over Rs 39,500 cr under Sabka Vishwas Scheme
New Delhi, Jan 30 () The government is expected to realise Rs 39,500 crore from the Sabka Vishwas S…
PTI
3 mins read
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…
4 mins read
Tax saving countdown – With 2 months to go, options to consider under 80C
Now that we have stepped into the new year, there are just three months left before the current fin…
2 mins read
Investing in tomorrow: A guide to securing your newborn's higher education
Expenses associated with education include various aspects, such as university tuition, tutoring, t…