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"All lending institutions are advised to be guided by the provisions of the Scheme and take necessary action within the stipulated timeline."

Banks and NBFCs issued notification regarding interest waiver – will “Borrower’s Diwali” be saved?

Waiver of “interest on interest” sees progress with the Finance Ministry issuing guidelines

Loan moratorium guidelines for “Borrower’s Diwali” issued

Inflationary pressures likely transient, may diminish in coming months are the estimates put forth

Shaktikanta Das claims past policy actions have helped in easing conditions

Maintaining the accommodative stance would enhance the money supply to boost the economy

RBI keeps key lending rates unchanged, GDP to contract by 9.5% in FY21

The development comes after CAIT wrote a letter to Union Finance Minister Nirmala Sithraman on March 9, 2020

Caution! Currency notes are potential carriers of coronavirus, affirms RBI

The government updates its decision to selectively waive off the interest earned on delayed interest payments during the COVID-19 moratorium

Your MSME loan’s interest on interest might be waived off

Jagdishan joined HDFC Bank in the year 1996 as a Manager in the Finance function and became a business head, Finance in 1999.

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank MD and CEO

State Bank of India (SBI) had said it would need to invest up to Rs 2,450 crore to buy a 49 per cent stake in Yes Bank Ltd as part of the initial phase of a rescue deal for the troubled lender.

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