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News
Moratorium
Moratorium News
Moratorium
20 Jan 2022
Big relief for borrowers on loan moratorium, Cabinet sanctions Rs 973 crore
Grant for remaining claims submitted by Lending Institutions. In the context of COVID-19, loan moratorium was announced. SBI is the nodal agency under the scheme.
deposit insurance and credit guarantee corporation
29 Jul 2021
Modi govt’s big decision! Depositors to get Rs 5 lakh coverage if bank fails
Deposit Insurance Credit Guarantee Cooperation (DICGC) insures all bank deposits, such as savings of fixed or current deposits or recurring deposits, and it covers all commercial banks, including foreign bank branches in India.
EMI moratorium
23 Mar 2021
Loan moratorium: Big relief for borrowers, SC rules out interest on interest
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
EMI moratorium
30 Dec 2020
Zee Readers poll 2020: Was loan moratorium the biggest news for EMI payers?
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
Lakshmi Vilas Bank
09 Dec 2020
This 94-year old bank's logo, website bears a new look: Check out details
Lakshmi Vilas Bank was brought under moratorium. Moratorium was till December 16, 2020 All actions, proceedings against that banking company had been stayed.
EMI moratorium
27 Nov 2020
SC directs govt to implement decision to forego interest on 8 loan category
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
Lakshmi Vilas Bank
27 Nov 2020
Lakshmi Vilas Bank to operate as DBS Bank from today; moratorium ends
Lakshmi Vilas Bank was brought under moratorium. Moratorium was till December 16, 2020 All actions, proceedings against that banking company had been stayed.
Lakshmi Vilas Bank
26 Nov 2020
Good news for Lakshmi Vilas Bank customers as moratorium ends on this date
Lakshmi Vilas Bank was brought under moratorium. Moratorium was till December 16, 2020 All actions, proceedings against that banking company had been stayed.
Lakshmi Vilas Bank
25 Nov 2020
Cabinet nod for Lakshmi Vilas Bank, DBS merger; no restrictions on withdrawals
Lakshmi Vilas Bank was brought under moratorium. Moratorium was till December 16, 2020 All actions, proceedings against that banking company had been stayed.
Lakshmi Vilas Bank
19 Nov 2020
Lakshmi Vilas Bank shares slump 20%; hit lower circuit
Lakshmi Vilas Bank brought under moratorium. Moratorium till December 16, 2020 All actions, proceedings against that banking company stayed.
Lakshmi Vilas Bank
19 Nov 2020
Here's why you should not keep more than Rs 5 lakh in one bank
Lakshmi Vilas Bank brought under moratorium. Moratorium till December 16, 2020 All actions, proceedings against that banking company stayed.
Lakshmi Vilas Bank
18 Nov 2020
Lakshmi Vilas Bank crisis: New Administrator assures 20 lakh depositors
Lakshmi Vilas Bank brought under moratorium. moratorium till December 16, 2020 All actions, proceedings against that banking company stayed.
Lakshmi Vilas Bank
18 Nov 2020
Why is bank union opposing merger of Lakshmi Vilas Bank with DBS Bank?
Lakshmi Vilas Bank brought under moratorium. moratorium till December 16, 2020 All actions, proceedings against that banking company stayed.
Lakshmi Vilas Bank
18 Nov 2020
This bank will acquire debt-ridden Lakshmi Vilas Bank --Details here
Lakshmi Vilas Bank brought under moratorium. moratorium till December 16, 2020 All actions, proceedings against that banking company stayed.
Lakshmi Vilas Bank
17 Nov 2020
Lakshmi Vilas Bank placed under moratorium; withdrawal limit capped
Lakshmi Vilas Bank was brought under moratorium with immediate effect till December 16, 2020 The government has stayed all actions and proceedings against that banking company during this period The moratorium was imposed on the basis of an application submitted by the RBI under Section 45 of the BR Act
EMI moratorium
05 Nov 2020
Have you recieved EMI cashback from your loan provider? Here is how to check
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
EMI moratorium
05 Nov 2020
Check your bank statement right now, have you recieved cashback?
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
EMI moratorium
30 Oct 2020
EMI Interest Cashback scheme: No benefit for these categories
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
EMI moratorium
27 Oct 2020
Lenders to credit interest on interest to loan borrowers by Nov 5, SC told
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
EMI moratorium
27 Oct 2020
EMI Moratorium: RBI asks lenders to implement waiver of interest on interest
RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.
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