Loan Moratorium
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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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"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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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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Eye-Watering Problem: UP Optician's Claim Threatens Banks
When business evaporated at Gajendra Sharma's eyeglass shop a few kilometres from the Taj Mahal in Agra during the strict COVID-19 lockdown, he was relieved to hear about a pandemic debt moratorium that would give him breathing room on his home loan.
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Coronavirus: RBI Extends Moratorium On Auto Loans By 3 More Months
Measures will now be applicable for a total period of six months from March 1, 2020 to August 31, 2020.
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Coronavirus Lockdown: Skipping Your Auto Loan EMI May Not Be A Wise Decision
The Reserve Bank of India advised banks to give consumers a 3-month loan moratorium in wake of the Coronavirus lockdown
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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.
-
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.
-
"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".
-
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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Eye-Watering Problem: UP Optician's Claim Threatens Banks
When business evaporated at Gajendra Sharma's eyeglass shop a few kilometres from the Taj Mahal in Agra during the strict COVID-19 lockdown, he was relieved to hear about a pandemic debt moratorium that would give him breathing room on his home loan.
-
Coronavirus: RBI Extends Moratorium On Auto Loans By 3 More Months
Measures will now be applicable for a total period of six months from March 1, 2020 to August 31, 2020.
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Coronavirus Lockdown: Skipping Your Auto Loan EMI May Not Be A Wise Decision
The Reserve Bank of India advised banks to give consumers a 3-month loan moratorium in wake of the Coronavirus lockdown
