Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
SC asks Centre, RBI to file Kamath panel…
The Supreme Court Monday asked the Centre and the RBI to place on record the K V Kamath committee recommendation on debt restructuring due to COVID-19 related stress on various sectors as also the notifications…
Supreme Court grants relief to borrowers, extends loan…
The Supreme Court on Thursday virtually extended the loan moratorium period till Septmeber 28, granting relief to borrowers. The top court extended the interim order in which it had directed the banks not to declare…
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.…
About 20% SBI borrowers opt for loan repayment…
MUMBAI: State Bank of India chairman Rajnish Kumar on Friday said close to 20 per cent of the bank's borrowers have opted for moratorium on repayment of term loans instalments. On March 27, the central…
Moratorium extension not enough, loan recast will be…
NEW DELHI: RBI on Friday extended the moratorium on loan repayments till August 31, much in line with the expectations on Dalal Street. However, analysts were still left disappointed, as they were expecting the central…