RBI offers fresh loan moratorium to Individual, small borrowers having loans up to Rs 25 crore
RBI Governor, addressing a videoconference said that the situation has reversed from being on foothills of strong economic recovery to facing a fresh crisis.
May 05, 2021, 11:19 AM ISTLoan moratorium: No compound, penal interest to be charged from borrowers during loan moratorium period, says SC
No compound, penal interest be charged from borrowers during loan moratorium period, amount already charged shall be credited or adjusted, the SC said.
Mar 23, 2021, 11:49 AM ISTZee Readers poll 2020: Was loan moratorium the biggest news for EMI payers? Post your views on it
What was loan moratorium all about?
Dec 30, 2020, 17:17 PM ISTEMI Moratorium: SC directs govt to implement its decision to forego interest on eight categories of loans
A bench headed by Justice Ashok Bhushan said the COVID-19 pandemic has not only caused serious threat to the health of the people but has also cast its shadow on the economic growth of the country as well as other countries in the entire world.
Nov 27, 2020, 17:28 PM ISTHave you recieved EMI cashback from your loan provider? Here is how you can check
Want to check if you have recieved EMI cashback or not?
Nov 05, 2020, 16:43 PM ISTCheck your bank statement right now, have you recieved cashback from your loan provider?
Last week, the Reserve Bank had asked all lending institutions, including non-banking financial companies, to implement the waiver of interest on interest for loans up to Rs 2 crore for the six months moratorium period beginning March 1, 2020.
Nov 05, 2020, 10:38 AM ISTWhat next after moratorium period is over? How to repay EMIs? Check these options
For the stressed borrowers RBI has announced a loan restructuring scheme for which the maximum time limit is 2 years.
Oct 30, 2020, 18:27 PM ISTEMI Interest Cashback scheme: No benefit for these categories
The affidavit filed by the Centre, through the Ministry of Finance, brings relief to a large section of borrowers.
Oct 30, 2020, 15:23 PM ISTEMI Moratorium: Lenders to credit interest on interest to loan borrowers by Nov 5, Centre tells SC
The Ministry of Finance has said that after crediting this amount, the lending institutions would claim reimbursement from the Central government.
Oct 27, 2020, 15:18 PM ISTEMI Moratorium: RBI asks lenders to implement waiver of interest on interest scheme
The government had asked the lending institutions to complete the exercise of crediting the amount in the accounts of borrowers by November 5.
Oct 27, 2020, 14:42 PM ISTDiwali Gift: Banks to issue cashback by 5 November for 'loyal' loan customers
Government has filed affidavit stating that the interest waiver scheme can be availed by borrowers in specified loan accounts for a period from March 1 to August 31, 2020.
Oct 26, 2020, 12:24 PM ISTEMI Moratorium: Loan interest waiver to be credited to borrowers by November 5
The Apex Court is scheduled to hear the loan moratorium petitions seeking a direction to waive interest on interest on November 2
Oct 26, 2020, 10:32 AM ISTAvailing loan EMI moratorium? Here is how it may impact you
Loan Moratorium it is not as simple as it looks.
Sep 29, 2020, 13:23 PM ISTMoratorium period on loan: Here are 10 points on Centre's October 1 deadline
Tushar Mehta, appearing for the Centre has said that the affidavit will be sent by October 1.
Sep 29, 2020, 10:13 AM ISTEMI Moratorium: SC hearing deferred till Sept 28, last order asking banks not to declare accounts as NPAs for 2 months to continue
Petitioner Gajendra Sharma has sought a direction to declare portion of the RBI`s March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.
Sep 10, 2020, 11:59 AM ISTBanks can restructure loans, but can't penalise honest borrowers availing moratorium: SC told
Petitioner Gajendra Sharma has sought a direction to declare portion of the RBI`s March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.
Sep 02, 2020, 15:14 PM ISTMoratorium period on loan repayment extendable by two years: Centre, RBI tell SC
The apex court had earlier asked the Centre and the RBI to review the move to charge interest on deferred EMIs during the moratorium period.
Sep 01, 2020, 12:05 PM ISTDNA: RBI can increase the duration of EMI moratorium
If you are suffering to pay your EMI's then this is good news for you. The RBI can increase the duration of the EMI moratorium that it had imposed during the lockdown.
Aug 27, 2020, 23:18 PM ISTNo merit in 'charging interest on interest' for deferred payments during moratorium: Supreme Court
A bench headed by Justice Ashok Bhushan observed that once moratorium is fixed then it should serve the desired purposes and the government should consider interfering in the matter as it cannot leave everything to banks.
Jun 17, 2020, 20:25 PM ISTEMI moratorium: SC seeks response on moratorium period interest, matter listed for July 17
A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.
Jun 12, 2020, 13:11 PM IST