Advertisement


Loan Moratorium
Business  /  Published 24.03.21

No penal fee for loans

...
By Our Legal Correspondent in New Delhi

Business  /  Published 23.03.21

SC: No compound, penal interest from borrowers

In a relief to borrowers, the Supreme Court Tuesday directed that no compound or penal interest be charged during the six-month loan moratorium period announced last year amid the COVID-19 pandemic an...
By Our Bureau, Agencies in New Delhi

Business  /  Published 18.12.20

SC reserves loan verdict

The Supreme Court on Thursday reserved its verdict on a batch of petitions seeking extension of moratorium which ended on August 31 till March 31, 2021 and waiver of interests during the moratorium pe...
By Our Legal Correspondent in New Delhi

Business  /  Published 10.12.20

RBI rules out more waivers

The RBI on Wednesday ruled out in the Supreme Court any further extension of moratorium on loans which ended on August 31, even as State Bank of India told the top court that any reliefs for distresse...
By Our Legal Correspondent in New Delhi

Business  /  Published 03.12.20

Limited loan relief outcry

Various industrial lobbies on Wednesday urged the Supreme Court to direct the Centre and the RBI to extend the moratorium on loans till March 31, 2021; continue the stay on declaring default loans as ...
By Our Legal Correspondent in New Delhi

Advertisement

Business  /  Published 27.11.20

Act on loan interest decision: SC to Centre

The Supreme Court on Friday asked the Union government to ensure that all steps are taken for the implementation of its decision to let go of interest on eight specified categories of loans paid upto ...
By Our Bureau, Agencies in New Delhi

Business  /  Published 20.11.20

Power firms seek loan recast

The Supreme Court on Thursday asked the finance ministry and the RBI to respond to the plea of the power producers to restructure Rs 1.2 lakh crore of their loans in the wake of the pandemic even as t...
By Our Legal Correspondent in New Delhi

Business  /  Published 18.11.20

LVB to merge with DBS Bank

DBIL is a wholly owned subsidiary of DBS Bank Ltd, Singapore, which in turn is a subsidiary of Asia’s leading financial services group, DBS Group Holdings and has the advantage of a strong paren...
By Our Special Correspondent in Mumbai

Business  /  Published 02.11.20

Piffling benefit

To deal with the interest on interest, you must have a bounce-back plan. To simplify the math using the above example of Rs 50 lakh, if you pre-paid 120 per cent of your deferred EMIs within 12 month...
By Adhil Shetty in

Business  /  Published 28.10.20

RBI: interest waiver terms

The Reserve Bank of India (RBI) on Tuesday asked all lending institutions, including non-banking financial companies, that by November 5 they must implement the scheme of waiver of interest on interes...
By Our Special Correspondent in Mumbai


Advertisement

Download our latest App

to get update on the go...

Advertisement

Advertisement
 
Copyright © 2020 The Telegraph. All rights reserved.