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loan moratorium

28 Aug 2020

Loan moratorium: SC to hear fresh plea for extension of scheme till year end

The RBI had come out with the notification in March after the lockdown was imposed to curb the COVID-19 spread The central bank had given the facility of deferred payment of installments to borrowers and now, the scheme is ending on August 31 The SC bench was told that the adverse impact of the pandemic over the financial situation was still there, hence, the moratorium scheme needed to be extended till year-end

06 Mar 2020

Yes bank withdrawal limited to 50 thousand, Rbi says, not to panic

After Pnb one more bank fraud is in the market. RBI superseded the board of Yes Bank and imposed a month-long moratorium. Rbi told to customers not to panic in the situation of cash withdrawal

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