Moratorium

Loan moratorium for Vilangad landslide-affected families decided

September 03, 2024

Loan moratorium for Vilangad landslide-affected families decided

If the borrower's farmland has been ruined completely, his/her agricultural loan will be allowed 5 years moratorium on repayment.

October 29, 2021
Why Kerala govt moratorium on loan recovery remains on paper

The State Cabinet decided to enforce a moratorium on bank loans by taking into account the acute COVID-19 crisis and the losses suffered by the farmers in the floods.
July 28, 2021
Account holders to get Rs5 lakh insurance on deposits within 90 days of moratorium

The government raised insurance cover on deposit five-folds to Rs 5 lakh to provide support to depositors of ailing lenders like Punjab and Maharashtra Co-operative Bank.
July 15, 2021
Kerala demands borrowing limit to be 5% without conditions

Kerala Finance Minister KN Balagopal raised the demand at his meeting with Union Finance Minister Nirmala Sitharaman in New Delhi
June 20, 2021
Kerala govt seeks moratorium on repayment of loans

Kerala has sought a moratorium of loans without accrual of interest and penal interest during the moratorium period.
November 17, 2020
RBI puts debt-ridden Lakshmi Vilas Bank under moratorium

The RBI announced a scheme to merge the cash-strapped lender with DBS India.
October 24, 2020
Govt waives interest on interest for loans up to Rs 2 crore

The Department of Financial Services came out with operational guidelines in the backdrop of Supreme Court's direction to implement the interest waiver scheme, which is likely to cost the exchequer Rs 6,500 crore.

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