loan

Atmanirbhar Bharat: Banks care two hoots about PM Modi’s promise; arbitrarily reject loan cases of aspiring Kashmiri entrepreneurs’

Srinagar: Failing to land a job after completing MBA in 2014, Sameer Ahmad from Baramulla decided to start a venture of his own. What motivated him was Centre’s Atmanirbhar Bharat scheme, which encourages youth to…

Loan Moratorium: SC gives one week to stakeholders to respond to Centre’s affidavit

New Delhi: The Supreme Court on Monday gave a week to stakeholders to respond to Centre’s affidavit that sought to waive ‘interest on interest’ charged on loans of up to Rs 2…

Business·Latest News

September 28, 2020

Decision in 2-3 days on interest during loan moratorium: Centre to SC

New Delhi : The top court asked the Centre to bring the decision on record and circulate the affidavit to the parties in a batch of pleas challenging interest on deferred instalments.The…

Interim relief for borrowers: SC asks banks not to declare accounts NPA for now

New Delhi: In an interim relief to borrowers, the Supreme Court on Thursday directed banks not to declare loan accounts, which were not under default till August 31, as non-performing assets (NPAs), until…

September 3, 2020

Business·Latest News·News

Loan moratorium can be extended for 2 years: Centre to Supreme Court

New Delhi: The Centre and Reserve Bank of India on Tuesday informed the Supreme Court that the moratorium on repayment of loans is extendable by up to two years. Appearing for the RBI…

September 1, 2020

Business·Kashmir·Latest News·News

Loan moratorium ends: Here’s how J&K Bank borrowers have to pay interest accumulated in last 6 months

Srinagar: The loan moratorium announced by the Reserve Bank of India (RBI) in March came to an end on Monday and the repayment schedule resumes from today. Last month, the RBI had…

September 1, 2020

Business·Kashmir·Latest News

J&K Bank’s loan moratorium fails to cheer up Kashmir Inc

Working to provide support to people: Chairman Srinagar: Jammu and Kashmir Bank’s loan moratorium has failed to cheer up the business community in the valley. Kashmir Inc. said only a complete bailout…

June 13, 2020

Business·Kashmir·Latest News·Lead Stories

RBI ramps up economic support; cuts interest rates, extends loan moratorium

Mumbai: The Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan repayments and allowed banks to lend more to corporates in an effort to support the economy…

May 22, 2020

Business·Latest News

Rs 411 cr loan defaulter flees country: SBI complaints to CBI

New Delhi: Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the…

May 9, 2020

Business·Latest News·News

Misery’s new name? EMI

Ajaz Ashraf You gasped on hearing that Reliance Industries Limited has slashed the salary of its employees. You feel this will have all companies, including yours, to follow suit, for they will…

May 4, 2020

J&K Bank to fully implement RBI guidelines, no EMIs on loans for next 3 months: Chairman

Srinagar, Mar 27: Finally some good news in these extraordinary times. The borrowers in Jammu and Kashmir have got a reason to smile as Jammu and Kashmir Bank will not deduct EMIs…

March 27, 2020

Business·Latest News·Lead Stories

Suggestions

Suggestions

loan