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EMI moratorium News

Reserve Bank of India

05 May 2021

RBI's fresh loan moratorium to Individual, small borrowers with up to Rs 25 cr

RBI Governor addressing videoconference. Situation reversed to fresh crisis. India on Wednesday recorded COVID 3,780 deaths.

23 Mar 2021

Loan moratorium: Big relief for borrowers, SC rules out interest on interest

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

30 Dec 2020

Zee Readers poll 2020: Was loan moratorium the biggest news for EMI payers?

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

27 Nov 2020

SC directs govt to implement decision to forego interest on 8 loan category

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

05 Nov 2020

Have you recieved EMI cashback from your loan provider? Here is how to check

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

05 Nov 2020

Check your bank statement right now, have you recieved cashback?

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

31 Oct 2020

What next after moratorium period is over? How to repay EMIs? Options here

EMI Moratorium till August 31. Interest waiver to be credited on November 5. What lies ahead for loan borrowers?

30 Oct 2020

EMI Interest Cashback scheme: No benefit for these categories

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

27 Oct 2020

Lenders to credit interest on interest to loan borrowers by Nov 5, SC told

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

27 Oct 2020

EMI Moratorium: RBI asks lenders to implement waiver of interest on interest

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

26 Oct 2020

Diwali Gift: Banks to issue cashback by 5 November for 'loyal' loan customers

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

26 Oct 2020

EMI Moratorium: Loan interest waiver to be credited to borrowers by November 5

RBI in March loan moratorium of three months. Moratorium extended by 3 more months to August 31. All commercial banks were permitted to allow Moratorium.

29 Sep 2020

Availing loan EMI moratorium? Here is how it may impact you

RBI in March permitted all commercial banks to allow a moratorium of three months. The loan moratorium was for payment of instalments in respect of all term loans outstanding as on March 1, 2020. In May, the RBI announced extension of loan moratorium by 3 more months to August 31.

29 Sep 2020

Moratorium period on loan: Here are 10 points on Centre's October 1 deadline

RBI in March permitted all commercial banks to allow a moratorium of three months. The loan moratorium was for payment of instalments in respect of all term loans outstanding as on March 1, 2020. In May, the RBI announced extension of loan moratorium by 3 more months to August 31.

10 Sep 2020

SC hearing on Moratorium deferred till Sept 28, interim orders to continue

RBI in March permitted all commercial banks to allow a moratorium of three months. The loan moratorium was for payment of instalments in respect of all term loans outstanding as on March 1, 2020. In May, the RBI announced extension of loan moratorium by 3 more months to August 31.

02 Sep 2020

Banks can restructure loans, but can't penalise honest borrowers: SC told

RBI in March permitted all commercial banks to allow a moratorium of three months. The loan moratorium was for payment of instalments in respect of all term loans outstanding as on March 1, 2020. In May, the RBI announced extension of loan moratorium by 3 more months to August 31.

01 Sep 2020

Moratorium period on loan repayment extendable by 2 years: Centre, RBI tell SC

RBI in March permitted all commercial banks to allow a moratorium of three months. The loan moratorium was for payment of instalments in respect of all term loans outstanding as on March 1, 2020. In May, the RBI announced extension of loan moratorium by 3 more months to August 31.

28 Aug 2020

DNA: RBI can increase the duration of EMI moratorium

If you are suffering to pay your EMI's then this is good news for you. The RBI can increase the duration of the EMI moratorium that it had imposed during the lockdown.

17 Jun 2020

No merit in charging interest on interest for deferred pay during moratorium

A bench headed by Justice Ashok Bhushan observed that once moratorium is fixed then it should serve the desired purposes and the government should consider interfering in the matter as it cannot leave everything to banks.

12 Jun 2020

EMI moratorium: SC seeks response on moratorium period interest, matter listed

A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.

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