You Searched For "six month moratorium" and got 20 results
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3 mins read
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…
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…
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…
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…
2 mins read
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
2 mins read
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…
2 mins read
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
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…
3 mins read
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 …
3 mins read
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…
4 mins read
Biden's Treasury has $50 billion to give to renters, but court rulings put millions at risk of eviction before it gets to them
On rent relief, President Biden is racing against the US legal system. He needs to get aid out befo…
Ayelet Sheffey
3 mins read
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…
2 mins read
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 …
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…
2 mins read
A federal judge in Texas just temporarily blocked the Biden administration's deportation moratorium
Texas Attorney General Ken Paxton indicated days ago that Texas would challenge the moratorium in c…
Azmi Haroun
2 mins read
Biden helps more than 10 million homeowners by extending the foreclosure moratorium through June
The home foreclosures ban, along with the evictions ban, had already been extended by President Joe…
Ayelet Sheffey
4 mins read
India's banking stocks are down 7% this week despite a rate cut by RBI and a pause on new bad loans and bankruptcies
The stocks look cheap as the Bank Nifty has already lost over 46% this year so far, but …
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…
4 mins read
Yes Bank placed under moratorium; RBI supersedes board
"The Reserve Bank came to the conclusion that in the absence of a credible revival plan, and in pu…
PTI
5 mins read
Yes Bank crisis and its domino effect on bonds, mutual funds and other corporate defaults
The challenges in the face of the Yes Bank crisis are likely to be temporary, since they are a dire…