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1 min read

Interim relief from Supreme Court on loan moratorium — says banks must not declare accounts as NPAs for two months

The Supreme Court hasn’t directly extended the moratorium on repayment of loans but it has hit paus…

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2 mins read

Stimulus and government funding talks will likely require an additional week for an agreement: report

Two sizable barriers between Democrats and the GOP in a relief package are liability protections an…

John L. Dorman   


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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…

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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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3 mins read

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…

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1 min read

HDFC Bank is mum on the loans under moratorium⁠— profit jumps 20%, provision for bad loans spike 49%

A 20% jump in HDFC Bank’s quarterly profit compared to a year earlier is good news but the lack o…

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3 mins read

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…

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2 mins read

No EMI payments for six months as RBI extends moratorium on loans repayments till August 31

“In view of the extension of the lockdown and continuing disruptions on account of COVID-19, the…

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2 mins read

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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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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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

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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4 mins read

Three things the RBI will have to mull over as it gets ready to announce its monetary policy decision

The Reserve Bank of India (RBI) is set to announce its policy rate decision tomorrow, and this time…

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2 mins read

Kotak Mahindra Bank saw rise in loans under moratorium but it isn't the worst hit

Kotak Mahindra Bank’s profit dipped by over 8% this quarter as compared to last year and its asset …

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4 mins read

The US's $600 unemployment boost expires today. Here's a list of 4 other programs set to end soon.

There are a number of further program expirations looming, including the end of support to airlines…

Carmen Reinicke   


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2 mins read

ICICI Bank's gross bad loans drop to the lowest in 5 years

ICICI Bank’s profits are up and bad loans shrunk significantly by the end of June 2020. The b…

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4 mins read

Yes Bank fears more deposits may disappear when COVID-19 moratorium ends and people start repaying loans

Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total los…

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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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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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3 mins read

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 …