It noted that despite the Centre classifying the landslides as “severe”, the NDMA did not consider using its powers to direct banks to waive the loans.
The bench pointed out that if the Kerala Bank had waived off the disaster victims' loans, after having an exposure of around Rs 5 crore, then the other banks, which have lesser exposure, can also do t ...
According to RBI's master directions, the financial relief measures to be adopted after a natural calamity include the restructuring or rescheduling of existing loans -which would entail a one-year mo ...
CM in his speech said that the state stands united in overcoming crisis, slams Centre for not giving aid; target to comple project by end of 2025-26 financial year
High Court directed the state government and SLBC to ensure no coercive steps are taken to recover defaulted loan amounts from victims of the Wayanad landslides until the Union government decides on l ...