Moratorium
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The 5-Year Health Insurance Rule Explained: When Can Claims Still Be Denied?
Experts emphasise that policyholders should always provide complete and accurate information when purchasing health insurance, regardless of the moratorium protection.
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Paying Loan EMIs After Job Loss: Should You Opt For Moratorium? Check Pros And Cons
A loan moratorium offers short-term EMI relief during financial distress, but it is no longer automatic and is now granted selectively by banks.
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WazirX’s Moratorium Appeal Gets Four Months' Time from Singapore Court, Here’s What it Means
A Singapore court has granted WazirX a four-month moratorium period to complete its financial restructuring. In a press note released by the exchange on Thursday, September 26 it said that this action paves way for a legally binding resolution to restore WazirX’s crypto balances.
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WazirX’s Moratorium Plan Backed by Just 441 Users Amidst Widespread Social Media Backlash
In a recent affidavit, WazirX informed its users that only 441 have backed the moratorium appeal filed by its majority stakeholder, Zettai, in a Singapore court. WazirX also disclosed to Gadgets360 that it currently has two million monthly active users.
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Sri Lanka Declares 1-Year Pause On Foreign Research Vessels Starting January 2024
Sri Lanka decided to impose a one-year moratorium starting next month on allowing foreign vessels to conduct research in its territorial waters, Foreign Minister Ali Sabry said, amid frequent docking requests from Chinese surveillance ships.
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Government Issues Guidelines On Loan Relief, To Implement Scheme By November 5
The government on Saturday gave lenders time until November 5 to waive interest payments on a loan relief scheme aimed at helping borrowers during the coronavirus pandemic, in a move that could give relief to millions of people. In guidelines on the loan relief released on Wednesday, the Department of Financial Services said lending institutions wi...
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Banking Sector Cannot Bear Any Further Financial Strain,Centre Tells Top Court
The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on ...
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Last Chance To Decide On Loan Moratorium Plan: Supreme Court To Centre
The Supreme Court today gave the government two more weeks "to come up with something concrete" to help borrowers ease their EMI burden using an optional moratorium on repayment of loans allowed during the coronavirus crisis. "What is going to happen in two weeks?... We are giving time to the centre, but take a concrete decision," the judges said a...
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Government To Submit Loan Moratorium Plan In Top Court Today
The government will present its plan today to help borrowers ease their EMI burden during the coronavirus crisis as the top court will hear final arguments in the loan moratorium case. Earlier this month, the Supreme Court had given the government two more weeks "to come up with something concrete" in the case related to an optional moratorium on r...
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Supreme Court Gives Centre 1 More Week To Submit Loan Moratorium Plan
The Supreme Court today allowed the government one more week to come up with a plan on loan moratorium to ease the financial burden on borrowers during the coronavirus crisis. The top court, which had asked the government to submit its plan on September 28, deferred the hearing till October 5 after the government sought more time. The government, h...
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Banks Given November 5 Deadline To Implement Interest Waiver Scheme
The top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest.
-
Customers To Get Rs 5 Lakh Insurance On Bank Deposits Within 90 Days Of Moratorium
Bank depositors will get an insurance of Rs 5 lakh on their deposits within 90 days in case of moratorium, the government announced today
-
Top Court To Hear Fresh Plea On Extension Of Loan Moratorium Till Year-End
A three-judge bench ordered tagging of the fresh plea filed by lawyer Vishal Tiwari with the earlier pending petition on the issue
-
Waiving Interest During Moratorium Unfair To Those Who Repaid Loans: Centre To Supreme Court
The Centre said that any "post facto" change on payment of interests would be unfair to those who kept paying their EMIs
-
Borrowers Unlikely To Get Loan Moratorium Benefit As Banks Will Charge Interest Later
The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium period, according to the moratorium scheme announced by state-owned banks
-
The 5-Year Health Insurance Rule Explained: When Can Claims Still Be Denied?
Experts emphasise that policyholders should always provide complete and accurate information when purchasing health insurance, regardless of the moratorium protection.
-
Paying Loan EMIs After Job Loss: Should You Opt For Moratorium? Check Pros And Cons
A loan moratorium offers short-term EMI relief during financial distress, but it is no longer automatic and is now granted selectively by banks.
-
WazirX’s Moratorium Appeal Gets Four Months' Time from Singapore Court, Here’s What it Means
A Singapore court has granted WazirX a four-month moratorium period to complete its financial restructuring. In a press note released by the exchange on Thursday, September 26 it said that this action paves way for a legally binding resolution to restore WazirX’s crypto balances.
-
WazirX’s Moratorium Plan Backed by Just 441 Users Amidst Widespread Social Media Backlash
In a recent affidavit, WazirX informed its users that only 441 have backed the moratorium appeal filed by its majority stakeholder, Zettai, in a Singapore court. WazirX also disclosed to Gadgets360 that it currently has two million monthly active users.
-
Sri Lanka Declares 1-Year Pause On Foreign Research Vessels Starting January 2024
Sri Lanka decided to impose a one-year moratorium starting next month on allowing foreign vessels to conduct research in its territorial waters, Foreign Minister Ali Sabry said, amid frequent docking requests from Chinese surveillance ships.
-
Government Issues Guidelines On Loan Relief, To Implement Scheme By November 5
The government on Saturday gave lenders time until November 5 to waive interest payments on a loan relief scheme aimed at helping borrowers during the coronavirus pandemic, in a move that could give relief to millions of people. In guidelines on the loan relief released on Wednesday, the Department of Financial Services said lending institutions wi...
-
Banking Sector Cannot Bear Any Further Financial Strain,Centre Tells Top Court
The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on ...
-
Last Chance To Decide On Loan Moratorium Plan: Supreme Court To Centre
The Supreme Court today gave the government two more weeks "to come up with something concrete" to help borrowers ease their EMI burden using an optional moratorium on repayment of loans allowed during the coronavirus crisis. "What is going to happen in two weeks?... We are giving time to the centre, but take a concrete decision," the judges said a...
-
Government To Submit Loan Moratorium Plan In Top Court Today
The government will present its plan today to help borrowers ease their EMI burden during the coronavirus crisis as the top court will hear final arguments in the loan moratorium case. Earlier this month, the Supreme Court had given the government two more weeks "to come up with something concrete" in the case related to an optional moratorium on r...
-
Supreme Court Gives Centre 1 More Week To Submit Loan Moratorium Plan
The Supreme Court today allowed the government one more week to come up with a plan on loan moratorium to ease the financial burden on borrowers during the coronavirus crisis. The top court, which had asked the government to submit its plan on September 28, deferred the hearing till October 5 after the government sought more time. The government, h...
-
Banks Given November 5 Deadline To Implement Interest Waiver Scheme
The top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest.
-
Customers To Get Rs 5 Lakh Insurance On Bank Deposits Within 90 Days Of Moratorium
Bank depositors will get an insurance of Rs 5 lakh on their deposits within 90 days in case of moratorium, the government announced today
-
Top Court To Hear Fresh Plea On Extension Of Loan Moratorium Till Year-End
A three-judge bench ordered tagging of the fresh plea filed by lawyer Vishal Tiwari with the earlier pending petition on the issue
-
Waiving Interest During Moratorium Unfair To Those Who Repaid Loans: Centre To Supreme Court
The Centre said that any "post facto" change on payment of interests would be unfair to those who kept paying their EMIs
-
Borrowers Unlikely To Get Loan Moratorium Benefit As Banks Will Charge Interest Later
The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium period, according to the moratorium scheme announced by state-owned banks
