Resolution framework to give durable relief to borrowers facing COVID-19 related stress

Aug 27, 2020

Mumbai (Maharashtra) [India], Aug 27 : While the Reserve Bank of India's (RBI's) moratorium on repaying loans was a temporary solution in the context...

Assam CM Sarma provides relief to 2.22 lakh women loan borrowers

Sep 23, 2023

Assam Chief Minister Himanta Biswa Sarma on Saturday distributed relief to 2.22 lakh women loan borrowers under the Microfinance Incentive and Relief Scheme.

Plea in SC seeks relief to loan borrowers hit by lockdowns

May 11, 2021

New Delhi [India], May 11 : A Public Interest Litigation (PIL) has been filed before the Supreme Court on Tuesday seeking a direction to...

COVID: No interest on interest for loans up to Rs 2 crore during moratorium

Oct 24, 2020

New Delhi [India], October 24 : The Ministry of Finance has approved a scheme to provide relief in interest compounding to borrowers for the...

Indian banks' improved performance reflects deferred recognition of asset stress: Fitch

Sep 10, 2021

London [UK], September 10 : Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident...

Relief measures underscore Indian banks' challenges despite improved FY21 performance: Fitch

Jul 07, 2021

Mumbai (Maharashtra), July 7 : Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to stress evident from...