Loan Moratorium
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Parliamentary Panel Flags Decline In Education Loan Accessibility Amid Rising Costs
The Committee's primary observation points to a significant dichotomy in the education loan landscape between 2014 and 2025.
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Banks Asked To Defer EMIs In Violence-Hit Manipur For Up To 12 Months
Banks in violence-hit Manipur have been told to extend the moratorium on loans up to 12 months, officials said today.
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Rahul Gandhi Seeks Moratorium On Repayment Of Short-Term Crop Loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term crop loans by farmers to December 31, 2021.
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Citing Vaccine Policy Change, MK Stalin Marks Next Goal For States
Buoyed by the change in Centre's vaccine policy, Tamil Nadu Chief Minister MK Stalin has written to his counterparts in 12 states, seeking their support in demanding moratorium on loans by Small and Medium Enterprises.
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Loan Moratorium: Lenders To Credit Interest On Interest To Borrowers By November 5, Says Centre
The Centre has informed the Supreme Court that lenders have been directed to credit in the accounts of eligible borrowers by November 5 the difference between compound interest and simple interest collected on loans of up to Rs 2 crore during the RBI's loan moratorium scheme.
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Centre Files Affidavit Before Supreme Court In Loan Moratorium Case
The Central Government has filed its detailed affidavit before the Supreme Court in connection with the loan moratorium case where it has stated that the interest waiver scheme can be availed by borrowers in specified loan accounts for a period from March 1 to August 31, 2020.
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"Common Man's Diwali...": Top Court Nudge For Loan Relief By November 2
The Supreme Court today rejected the government's plea for a month's time to implement the interest waiver on loans of upto Rs 2 crore, asking when the government has already reached a decision, why should it take so long to implement it.
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"Courts Shouldn't Interfere In Fiscal Policy": Centre Tells Supreme Court
The government has informed the Supreme Court that "it's not possible to give more relief to various sectors" amid the novel coronavirus pandemic, stressing that "courts should not interfere in fiscal policy".
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"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
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On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
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Parliamentary Panel Flags Decline In Education Loan Accessibility Amid Rising Costs
The Committee's primary observation points to a significant dichotomy in the education loan landscape between 2014 and 2025.
-
Banks Asked To Defer EMIs In Violence-Hit Manipur For Up To 12 Months
Banks in violence-hit Manipur have been told to extend the moratorium on loans up to 12 months, officials said today.
-
Rahul Gandhi Seeks Moratorium On Repayment Of Short-Term Crop Loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term crop loans by farmers to December 31, 2021.
-
Citing Vaccine Policy Change, MK Stalin Marks Next Goal For States
Buoyed by the change in Centre's vaccine policy, Tamil Nadu Chief Minister MK Stalin has written to his counterparts in 12 states, seeking their support in demanding moratorium on loans by Small and Medium Enterprises.
-
Loan Moratorium: Lenders To Credit Interest On Interest To Borrowers By November 5, Says Centre
The Centre has informed the Supreme Court that lenders have been directed to credit in the accounts of eligible borrowers by November 5 the difference between compound interest and simple interest collected on loans of up to Rs 2 crore during the RBI's loan moratorium scheme.
-
Centre Files Affidavit Before Supreme Court In Loan Moratorium Case
The Central Government has filed its detailed affidavit before the Supreme Court in connection with the loan moratorium case where it has stated that the interest waiver scheme can be availed by borrowers in specified loan accounts for a period from March 1 to August 31, 2020.
-
"Common Man's Diwali...": Top Court Nudge For Loan Relief By November 2
The Supreme Court today rejected the government's plea for a month's time to implement the interest waiver on loans of upto Rs 2 crore, asking when the government has already reached a decision, why should it take so long to implement it.
-
"Courts Shouldn't Interfere In Fiscal Policy": Centre Tells Supreme Court
The government has informed the Supreme Court that "it's not possible to give more relief to various sectors" amid the novel coronavirus pandemic, stressing that "courts should not interfere in fiscal policy".
-
"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
-
On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
