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Tag: moratorium

Higher provisions, loans below recast: Expectations from Axis Bank’s Q2 nos

Mumbai-based Axis Bank would possibly document as much as 145 in step with cent sequential development in its internet benefit at Rs 2,700 crore...

ICICI Bank extends mortgage EMI moratorium duration: Here are the phrases, stipulations, fees

The Reserve Bank of India (RBI) has prolonged the moratorium on loan equated per 30 days installments (EMIs) via 3 months, i.e., until August...

Trade frame prays for extension of Gold Metal Loan tenure by way of 90 days submit August 31

MUMBAI: IBJA, the national trade body of jewelers, has asked the federal government to imagine extending all Gold Metal Loan (GML) contracts by way...

YES Bank freezes at 5% higher circuit on the fee of Rs 35,000 crore to RBI

YES Bank stocks had been locked within the higher circuit band of five in keeping with cent at Rs 15.78 at the BSE on...

Extension of moratorium, mortgage re-structuring will also be dangerous for lenders: Icra

Extension of moratorium and one-time restructuring of mortgage may just pose demanding situations to lenders, and likewise have an effect on their monetary steadiness...

No relief for Mudra Shishu loan borrowers during moratorium

KOLKATA: Mudra Shishu loan debtors choosing moratorium on their current money owed would now not get the two% pastime subvention underneath the Centre’s Covid-19...

NBFC-MFIs to begin fresh lending only after expiry of moratorium

Kolkata: A majority of non-banking finance companies-microfinance establishments (NBFC-MFIs) are making plans to renew contemporary lending in September, whilst the vulnerable liquidity state of...

Total moratorium book sliding downwards: Macquarie

Mumbai: Total mortgage ebook below moratorium for banks and massive NBFCs like HDFC has come down as some consumers have opted out after to...

Fears about India retail loan defaults overblown, Macquarie says

By Suvashree Ghosh The quantity of Indian loans matter to moratorium is losing, suggesting that fears about large-scale defaults on banks’ retail lending books could...

45% of customers opted for moratorium: Finway

NEW DELHI: Non-banking finance corporate Finway on Wednesday stated that 45 in line with cent of its debtors have opted for moratorium because of...

All kind of loans and contractual transactions can’t be put under moratorium: SEBI to SC

NEW DELHI: Almost all industries within the nation had been struggling because of COVID-19 pandemic however a wide variety of loan and contractual transactions...

As RBI seeks to ease loan securitisation, volumes set to shrink this year

MUMBAI : India’s securitisation market that exploded in FY19 and...

In a despondent pandemic narrative, SBI brings a ray of hope

MUMBAI: State Bank of India (SBI) shares jumped 8% on Friday after it reported a historic profit for FY20. The reported profit...

View: How to pay depositors when borrowers don’t?

Mumbai: Nationalisation of banks was a turning point in the history of Indian banking. Half a century later, we are awaiting the next one. It's...

SC seeks finance ministry’s reply on waiver of interest on loans during moratorium period

New Delhi: The Supreme Court Thursday sought finance ministry's reply on waiver of interest on loans during the moratorium period after the RBI said...

Not prudent to go for forced waiver of interest, risking financial viability of banks: RBI to SC

NEW DELHI: The Reserve Bank of India has told the Supreme Court that it is taking all possible measures to provide relief with regard...

Companies with loan recast seek moratorium from banks

MUMBAI: Small and mid-size companies that already had relaxed repayment terms under a 2019 central bank restructuring order have approached the authorities to avail...

Companies with loan recast seek moratorium from banks

MUMBAI: Small and mid-size companies that already had relaxed repayment terms under a 2019 central bank restructuring order have approached the authorities to avail...

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Interest on passion waiver: Banks get started crediting accounts; FinMin problems further FAQs

New Delhi: Banks have began refunding debtors the compound interest charged on specified mortgage accounts all over the moratorium period. Last week, the Reserve Bank...

Paliganj Election Final Result 2020 Declared: CPI-ML’s Sandeep Saurav defeats JD(U)’s Bachcha Yadav in wonder win

  CPIML's Sandeep Saurav won a complete of 67,917 (43.73 %) votes towards JD(U)s Bachcha Yadav's 37,002 (23.83 %) votes. The latter had gained the...

Google to release subscription-based VPN services and products; rollout in the USA quickly

(Reuters) - Alphabet Inc's Google mentioned on Thursday it plans to release a VPN provider for customers, which might be to be had with...

Tamil Nadu tops Indian states in new investments in H1FY21: CARE Ratings

Tamil Nadu leads Indian states in attracting investments all through the primary part of FY21, having controlled to take hold of 16 p.c of...