The percentage of applicants is in low single digit as a share of the loan book, the bank said, but this could go up as it has not put a deadline or a cut-off for people to apply.

With the first targeted long-term repo operations (TLTRO) 2.0 failing fresh funding or refinancing to the sector from this route is unlikely to exceed Rs 10,000 crore unless there is a significant change in the banks' response in the second tranche, it said.

According to sources, the RBI has conveyed to banks that there is no restriction for them to provide moratorium to NBFCs.

The RBI had earlier extended the deadline for one-time debt restructuring of MSMEs from March 31, 2020, to December 31, 2020.

Implementation of three months moratorium on repayment of loan instalments announced by the RBI was also reviewed during the meeting.

Banks could review extending the moratorium to non-banking financial companies (NBFCs) after a meeting with the Reserve Bank of India (RBI) on Saturday.

In the gold loan category, which accounts for 87% of our standalone portfolio, more than 90% are servicing their dues.

Banks are flush with liquidity, but they also have to look after the interest of depositors.

Last month, NRDC engaged a nationally recognized opinion research firm to conduct polling in New York State to evaluate public attitudes about fracking and clean energy. Importantly, this is the first statewide poll in at least two years — and perhaps ever — to directly ask residents their views of the now six-year-old de facto moratorium on fracking.

Coronavirus and the related restrictive measures directly affect not only insolvency proceedings that are already in progress, but can also cause or accelerate financial problems that will lead to bankruptcy and subsequent beginning of insolvency pr...

Many educational institutions have granted business tenancies to third parties who occupy part of their estate and many institutions also occupy third party premises as business tenants. In light of the ongoing Covid-19 situation, the Government has...

The repo rate has been reduced by 75 basis points from 5.15 percent to 4.4 percent.

RBI's COVID-19 Regulatory Package: From Repo Rate & CRR Cuts to 3-months moratorium on term loans, RBI Governor Shaktikanta Das announced several measures while addressing the media after the release of Seventh Bi-monthly Monetary Policy Statement 2019-20.

Late last week at the Convention on Biodiversity a resolution was adopted which places a moratorium on geoengineering unless it can be proven that the method in question can be shown to not have an adverse effect on

Observing the need gap, two start-ups LazyPay and Spocto have launched products that will help you figure if you require the moratorium or not

As soon as India’s central bank took this call on 27th March, many banks commenced the rollout of this fiscal measure even though they are not obligated to enforce this proposal.

Yes Bank reported a net loss of ₹3668.33 lakh during the fourth quarter.Between 40% to 45% of its borrowers have opted to exercise the three-month moratorium on loan repayments issued by the Reserve Bank of India.The bank expects deposits to erode further once the moratorium lifts and its customers withdraw their funds to pay off loans.Over the last year, Yes Bank deposits half shrunk to half their original size.Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total loss of ₹16,418 crore for the financial year 2019-20. However, with the onset of the coronavirus pandemic and the ensuing lockdown, the bank is far from being out of the woods just yet. “The extent to which the COVID-19 pandemic will impact the bank's future results will depend on related

Uddalok Bhattacharya sums up the views

India's upcoming National Biotech Policy will aim at food security, health-safety, farmer well-being, protection of the environment and security of trade in farm commodities. But favouring GM crops over alternatives runs real risks of jeopardizing this agenda, argues Kasturi Das.

Barely three days after the conclusion of the last of six public hearings, Minister of Environment Jairam Ramesh slapped a moratorium on the release of Bt Brinjal. Anupama Rao summarises key points from the Minister's note.

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.

For those who wish to avail a moratorium on their SBI Cards, here are some of the details that you should know: 1. You will be eligible to opt for the moratorium if your account was in current status (non-delinquent

కరోనా మహమ్మారి-లాక్ డౌన్ నేపథ్యంలో ఈఎంఐ మారటోరియంను మరో మూడు నెలలు పొడిగించే అవకాశాలు కనిపిస్తున్నాయి. ఇప్పటికే మార్చి, ఏప్రిల్, మే నెలకు మారటోరియం విధించిన ఆర్బీఐ... ఆగస్ట్ వరకు పొడిగించవచ్చునని భావిస్తున్నారు. ఈ నేపథ్యంలో మారటోరియం మొదటి మూడు నెలలు ఎక్కువ మంది ఉపయోగించుకున్నారా, లాక్ డౌన్ ఆంక్షలు క్రమంగా సడలిస్తున్న నేపథ్యంలో మరెంతమంది ఉపయోగించుకుంటారు

కరోనా మహమ్మారి, లాక్ డౌన్ నేపథ్యంలో ఆర్బీఐ ఈఎంఐ మారటోరియంను మరో మూడు నెలలు పొడిగించే అవకాశాలు కనిపిస్తున్నాయి. లాక్ డౌన్‌ను మూడోసారి మే 17వ తేదీ వరకు పొడిగించారు. మరోవైపు గ్రీన్, ఆరెంజ్ జోన్‌లలో ఆంక్షలు సడలిస్తూ ఆర్థిక కార్యకలాపాలు మెల్లిగా ప్రారంభమవుతున్నాయి. ఈ పరిస్థితుల్లో మారటోరియంను ఎవరు, ఏ మేరకు ఉపయోగించుకోవచ్చో చూద్దాం. SBI

The University of Lethbridge Library is not able to accept donations of books, journals or magazines for the main library collection at this time.  Several factors have led to this decision: the COVID-19 restrictions that have resulted in restricted access to campus, ongoing budget constraints and staff shortages. 

We will continue to consider significant gifts for Special Collections and Archives. Please contact Wendy Merkley, Associate University Librarian (wendy.merkley@uleth.ca) if you wish to discuss a donation of rare or archival materials. 

Mamata Banerjee said the state should be given at least a year''s moratorium on repayment of interests on central loans.

Lenders say the larger challenge is to communicate to borrowers the difference between moratorium and waiver

The meetings were also attended by deputy governors and other senior officers of the central bank, RBI said in a statement on its website

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.

Senior SBI executives said most of those seeking deferment are retail and micro and small enterprises and are hard-pressed for resources when earning and cash flows have almost dried up.

Considers 25 fresh credit proposals from shadow banks

RBI had earlier announced a three-month moratorium on loans by banks to NBFCs.

Those eligible for the benefit will have to show a cash shortage to prove that they will not use the relief to divert funds for other purposes.

The RBI has allowed banks to extend moratorium to borrowers of term loans of all kinds for three months -- March, April and May. "SBI has taken a decision to extend the moratorium allowed by RBI to the NBFC sector which is facing severe problem of cashflow," Khara said.

“Anyone who has not been able to pay because of the moratorium, we have taken care to not report them to rating agencies,” Yes Bank managing director Prashant Kumar said. “Customers cannot be penalised for that.”

Analysts would track the management's commentary on Covid-19 related impact, traction in deposits post investment in YES Bank, movement of reported GNPAs, and moratorium utilised by customers

Don't opt for the moratorium unless critical, advises Charlie Lee, founder and CEO, True Balance.

Punjab National Bank also requests RBI to permit one-time restructuring of loans till March 31, 2021 on a case to case basis