Moratorium
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ECLGS 2.0: Principal to be Paid in 48 installments Post 1-yr Moratorium
National Credit Guarantee Trustee Company Ltd (NCGTC) issued the operational guidelines regarding ECLGS 2.0
Read More » - Banking & Finance
Waiver of Interest-on-Interest to Cost Rs 7,500 Cr to Banks: Crisil
"The benefit will be extended to borrowers with outstanding loans (standard as on February 29, 2020) of less than Rs…
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No Interest On Interest for Loans Upto Rs 2 Crore on Moratorium: Finance MInistry
"The undersigned is directed to convey that in view of the unprecedented and extreme COVID-19 situation, the Central government has…
Read More » - Finance
RBI Planning to Extend the Moratorium Offer on Bank Loans
"All commercial banks (including regional rural banks, small finance banks and local area banks), co-operative banks, all -India Financial Institutions,…
Read More » - Finance
Moratorium Benefit By Banks May Get Extended for NBFCs
They had made a representation to the Reserve Bank of India (RBI) earlier asking for some clarity on the applicability…
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