Banks free to restructure loans, but can’t penalise…

New Delhi: Banks are free to restructure loans but they cannot penalise honest borrowers by charging interest on deferred EMI payments under the moratorium scheme during the COVID-19 pandemic, a petitioner opposing the move said…

Will look at loan restructuring after end of…

State Bank of India (SBI) will consider loan restructuring for eligible borrowers after the end of moratorium period which draws to a close on August 31, according to its Managing Director Dinesh Khara. "Restructuring of…

What to do if you’re at risk of…

Protesters gather at a July 22 rally in Boston in support of legislation to block evictions in Massachusetts for up to a year.Boston Globe | Boston Globe | Getty ImagesIf you're facing eviction during the…

No relief for Mudra Shishu loan borrowers during…

KOLKATA:Mudra Shishu loan borrowers opting for moratorium on their existing debts would not get the 2% interest subvention under the Centre’s Covid-19 relief package before the expiry of the repayment holiday, the finance ministry said.…

E-commerce moratorium proposal worries India

India along with South Africa has raised concerns over a proposal at the WTO seeking to expand the scope of global moratorium to include digitized and digitizable goods such as books, video games, software and…