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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
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…
Supreme Court reserves verdict on extension of loan moratorium period
The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan 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…
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…
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…
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…
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
Supreme Court defers loan moratorium case hearing to October 13 — gives RBI and the government another week to file additional affidavits
The Supreme Court of India has granted the Reserve Bank of India (RBI) and the Central Government a…
Loan moratorium — Supreme Court gives government till Thursday to file affidavit, next hearing scheduled for October 5
The issue of accruing interest on loans that opted for the Reserve Bank of India’s (RBI) moratorium…
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…
RBI clarifies restructuring only for loan accounts without any defaults as of March 1
This is because the restructuring framework is applicable only for eligible borrowers who were clas…
PTI
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…
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…
The pandemic brought a slew of new government relief programs. Here's when they expire.
As one of his first actions in office, Biden extended the payment pause on student loan payments th…
Juliana Kaplan,Ayelet Sheffey
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
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…
Loan moratorium still ends on Aug 31 while Supreme Court gives the government another week to clarify if accrued interest should be waived
The government has another week to decide whether interest that loans built up during the last six …
Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13
Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…
If you have a bank loan that you are unable to pay, restructuring is on its way
This means that you’re struggling to pay off your personal loans, you can ask the bank to modify…