Loan Waivers
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 09.12.20

Centre rules out rate relief

The Centre on Tuesday ruled out in the Supreme Court the waiver of interest on loans availed during the six-month moratorium period ending August 31, saying it would cost the bank Rs 6 lakh crore and ...
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

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

Business  /  Published 27.10.20

Interest waivers to cost Rs 7,500 crore

Over 40 per cent of the system credit and 75 per cent of the borrowers will benefit from the interest-on-interest concession for small loans which will cost the government around Rs 7,500 crore, says ...
By PTI in Mumbai


Business  /  Published 03.10.20

Loans: govt to waive interest

In a relief to individual borrowers and medium and small industries, the Centre has agreed in the Supreme Court to waive compound interest (interest on interest) charged on loans of up to Rs 2 crores ...
By Our Bureau, Agencies in New Delhi

Business  /  Published 21.08.20

Airlines seek govt support

The civil aviation ministry will pitch for some relief to the battered aviation sector following several rounds of meetings with the airline operators. Officials of the aviation  ministry plan t...
By R. Suryamurthy in New Delhi

Jharkhand  /  Published 13.08.20

Agri dept deliberates farm loan waivers

The state agriculture department has also begun efforts to roll out a Rs 2,000 crore farm loan waiver scheme, among the key announcements in the Jharkhand Budget presented by the Hemant Soren governme...
By Our Correspondent in Ranchi

India  /  Published 20.05.19

BJP wants Congress government in Madhya Pradesh to prove majority

The BJP in Madhya Pradesh on Monday said the Kamal Nath-led Congress government in the state should prove majority in the Assembly. The leader of Opposition in Assembly, Gopal Bhargava, said his party...
By PTI in Bhopal

India  /  Published 09.12.19

Jharkhand polls: Rahul accuses BJP of land grabbing

Congress leader Rahul Gandhi on Monday accused the BJP of grabbing land in states, where the party was in power, asserting that Jharkhand's 'jal, jungle and jameen' (water, forest and land) would be r...
By The Telegraph and PTI in Barkagaon(Hazaribagh)


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