moratorium

DHFL defaults on NCD repayments of Rs 50 crore

DHFL defaults on NCD repayments of Rs 50 crore

The company says can't pay due to moratorium restrictions

SBI economists pitch for 2nd round of financial package for impacted sectors

SBI economists pitch for 2nd round of financial package for impacted sectors

They also warned that banks will start reporting higher non-performing assets (NPAs) after September, once the six-month moratorium on lo...Read More

SC to Centre, if moratorium is announced, ensure benefits for customers

SC to Centre, if moratorium is announced, ensure benefits for customers

Solicitor General Tushar Mehta, representing the Centre, contended before the court that the interest waiver would have an adverse effect...Read More

Interest-free moratorium will lead to loss close to 1% of GDP: RBI to SC

Interest-free moratorium will lead to loss close to 1% of GDP: RBI to SC

The Reserve Bank of India has opposed waiving off the interest during the moratorium period, insisting that the aim and object of allowin...Read More

Worried about how to defer EMI? For SBI borrowers, this would be lot more easy

Worried about how to defer EMI? For SBI borrowers, this would be lot more easy

State-run State Bank of India has decided to make the process to defer EMI simple. The bank will start sending notification to its borrow...Read More

Supreme Court pulls up Centre and the RBI over levying interest during moratorium

Supreme Court pulls up Centre and the RBI over levying interest during moratorium

The Supreme Court of India, has issued notices to the Centre and the Reserve Bank of India (RBI) over charging of interest on loans durin...Read More

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

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

"With the lockdown now extended up to May 31, we expect RBI to extend the moratorium by three months more," SBI's research report- Ecowra...Read More

Yes Bank sees 7.5% rise in stock prices after it reports Rs 2,729 crore net profit in Q4

Yes Bank sees 7.5% rise in stock prices after it reports Rs 2,729 crore net profit in Q4

Rana Kapoor-founded Yes Bank’s stock a few months ago had seen a continuous drop in value. But after the financial results for FY 2019-20...Read More

RBI may extend moratorium on loans by another 3 months

RBI may extend moratorium on loans by another 3 months

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RB...Read More

Indian Banks' Association to meet over offering moratorium to NBFCs

Indian Banks' Association to meet over offering moratorium to NBFCs

Banking lobby Indian Banks' Association (IBA) is meeting on Saturday to take a call on extending the three-month repayment moratorium on ...Read More

RBI eases bad loan rules, cuts reverse repo rate, freezes dividend payout by banks

RBI eases bad loan rules, cuts reverse repo rate, freezes dividend payout by banks

The RBI on Friday further eased bad-loan rules, froze dividend payment by lenders and pushed banks to lend more by cutting the reverse re...Read More

Centre mulls more steps to keep cash-strapped discoms afloat

Centre mulls more steps to keep cash-strapped discoms afloat

The government may soon announce more steps -- like cheaper working capital and lower tariff -- for power discoms to ensure uninterrupted...Read More

‘NBFCs to face liquidity pressure on lack of clarity on moratorium’

‘NBFCs to face liquidity pressure on lack of clarity on moratorium’

According to a report by rating agency Crisil, Nonbanking finance companies (NBFCs) face a double whammy because they are offering morato...Read More

Here's how you can avail EMI moratorium on HDFC Bank loans; Know more

Here's how you can avail EMI moratorium on HDFC Bank loans; Know more

In line with the RBI guidelines and to show our solidarity in standing with you, HDFC Bank is offering it's customers EMI moratorium and ...Read More

Telcos to opt for EMI moratorium: COAI

Telcos to opt for EMI moratorium: COAI

Debt-ridden telecom operators are likely to opt for three-month moratorium to avoid cash crunch during the lockdown, industry body COAI s...Read More

YES Bank Crisis: Private lender reports its worst loss at Rs 18,564 cr in December quarter

YES Bank Crisis: Private lender reports its worst loss at Rs 18,564 cr in December quarter

The bank's woes primarily stem from alleged corporate governance lapses under co-founder chief executive Rana Kapoor, who was arrested b...Read More

RBI imposes moratorium on Yes Bank; withdrawals capped at Rs 50,000

RBI imposes moratorium on Yes Bank; withdrawals capped at Rs 50,000

Such is the deterioration in the private lender’s financial position that the RBI has also superseded with immediate effect the Yes Bank ...Read More

Cabinet gives Rs 42,000 crore cash flow to telcos in two-year moratorium

Cabinet gives Rs 42,000 crore cash flow to telcos in two-year moratorium

Deferment of spectrum auction installments would ease the cash outflow of the stressed telcos and facilitate payment of statutory liabili...Read More

DHFL seeks repayment moratorium, 
assures no haircut on principal

DHFL seeks repayment moratorium, assures no haircut on principal

A regulatory filing by DHFL said its board on Tuesday approved the submission of the company's draft resolution plan to its lenders.

California to halt state executions

California to halt state executions

Washington: California Governor Gavin Newsom will impose on Wednesday a moratorium on state executions and a temporary reprieve for all 7...Read More

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