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Airtel, Vodafone Idea and Reliance Jio have till October 29 to opt for the AGR dues moratorium

Additionally, the telcos have been given 90 days to respond whether they wish to convert the a…

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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…

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4 mins read

Indian government dials M for moratorium – Airtel, Vodafone Idea get a four-year relief on AGR dues

The much-awaited telecom relief package has been announced by the Indian government on Wednesday,…

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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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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…

PTI   


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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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Waiver of interest charged during moratorium: SC asks Centre, RBI to hold meet in three days

"It is submitted that regulatory dispensations permitted by the Reserve Bank of India vide the afo…

PTI   


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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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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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1 min read

SoFi drops 10% as Biden's extended student loan payment moratorium forces the company to lower earnings guidance

SoFi expects that a number of factors including the impending fall midterm elections will precipita…

Matthew Fox   


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Tourism bodies demand extension of RBI moratorium, interest waiver to tide over COVID-19 crisis

"Secretary-Tourism updated us that across all the key ministries of the government, it has been wi…

PTI   


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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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RBI may extend moratorium on repayment of loans for three more months: Report

With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI)…

PTI   


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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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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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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…

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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…

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1 min read

Exporters call for one-year repayment moratorium

"While the moratorium on all loans repayments for three months and 75 bps cut in interest rates wou…

PTI