Moratorium

Moratorium period on loan repayment extendable by two years due to COVID-19: Centre, RBI tell SC

The apex court had earlier asked the Centre and the RBI to review the move to charge interest on deferred EMIs during the moratorium period

HDFC Bank extends moratorium on loan, EMIs, credit card outstandings by 3 months till August; here's all you need to know

HDFC Bank announced that it has extended the loan moratorium by another 3-months

Coronavirus Lockdown: SC issues notice to Centre, RBI on plea against interest on loans during moratorium

The Supreme Court Tuesday asked the Centre and the RBI to respond to a plea challenging levy of interest on loans during the moratorium period, which has now been extended by another three months till August 31 due to the coronavirus pandemic

RBI cuts repo rate by 40 bps: It is unexpected like rain in summer; regulatory, monetary measures to boost economy, say experts

The Reserve Bank of India (RBI) on Friday slashed the benchmark lending rate by 40 basis points to mitigate the impact of COVID-19 crisis.

Coronavirus Outbreak: RBI slashes benchmark lending rate by 40 bps; extends moratorium on loans for another 3 months

In an off-cycle meeting of the Monetary Policy Committee (MPC), the decision was taken unanimously to cut repo to support growth.

RBI monetary policy: Central bank extends moratorium on loans for another 3 months till August

Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis

Coronavirus Lockdown: RBI may extend moratorium on repayment of loans for three more months, says report

With the government extending the nationwide lockdown up to 31 May, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report

Coronavirus Outbreak: RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months to help people and industry impacted by the ongoing lockdown to contain COVID-19

Coronavirus Outbreak: RBI governor Shaktikanta Das meets NBFCs, MFs sector; reviews liquidity situation

Operations of NBFCs have commenced from Monday as the government eased restrictions for the lockdown.

IBA urges govt, RBI to double moratorium period to 6 months; seeks credit guarantee for MSME loans

Bankers believed that some safety net has to be created for both industry and banks for survival first, sources said, adding, revival would follow.