Tag: Loan moratorium

Loan moratorium: RBI urges Supreme Court to lift order banning declaration of NPAs

NEW DELHI: The RBI Thursday urged the Supreme Court to lift its interim order, which held that accounts not declared as non-performing assets till August 31 this year are not to be declared NPAs till further orders, saying it is facing difficulty due to the directive. In a relief to stressed borrowers who are facing […]

Common man’s Diwali in government’s hands:Supreme Court on loan moratorium

NEW DELHI: The Supreme Court on Wednesday told the Narendra Modi government (Centre) that the common man’s Diwali is in the government’s hands, as it sought implementation of the decision to waive interest-on-interest for loans up to Rs 2 crore for eight categories. The top court gave time till November 2 to the Centre to […]

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