Loan Moratorium

Govts need to step in with financial aid, moratorium on loans: Experts

Say much of the present troubles faced by small biz & traders are due to their inability to repay loans taken from banks, suggest interventions should continue for at least 6 months

published on : 4th August 2021

Bad loans to spike, but banks to have sufficient capital to weather stress: RBI

Unlike last year, however, RBI expects banks’ stress level to be less harsh this year—helped by restructuring, write-offs, and regulatory forbearances including a loan moratorium.

published on : 2nd July 2021

Centre asks banks to foot the bill for interest-on-interest 

According to sources in the ministry, bankers had approached  the Department of Financial Services seeking a bailout, or at least a way to share the burden.

published on : 23rd April 2021

Local lockdowns: RBI says no need for loan moratoriums at present

'In today's conditions, there is no need for a moratorium,' Das said during an interaction with journalists after the announcement of the new fiscal year's first monetary policy review.

published on : 7th April 2021

SC orders waiver of compound interest for all borrowers: What does it mean for you?

The refund or the compound interest shall be adjusted to the next installment payable instead of refunding it to the borrower irrespective of the loan amount.

published on : 23rd March 2021

Compound interest on loans of all borrowers between March and August 2020 will be fully waived: SC

The SC also refused to extend the moratorium period beyond August 2020.

published on : 23rd March 2021

Loan moratorium: SC to pronounce verdict on Tuesday on pleas for relief from trade bodies

A bench headed by Justice Ashok Bhushan which had reserved its verdict on the batch of pleas on December 17, last year, will pronounce the judgement.

published on : 22nd March 2021