Loan Moratorium Scheme Current Affairs, GK & News
Reserve Bank of India (RBI) published its annual report and highlights “asset quality of banks and their preparedness requires close monitoring for higher provisioning for upcoming quarters. Background RBI in its semi-annual financial stability report earlier highlighted, bad loan ratio of banks could rise to 13.5% under baseline stress scenario by September 2021. Key findings ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs
Topics: Capital to risk-weighted assets ratio (CRAR) • Loan Moratorium Scheme • Non Performing Assets (NPA) • Non-banking financial institutions (NBFCs) • Provision Coverage Ratio (PCR) • RBI Annual Report-2021 • Reserve Bank of India (RBI)
The Supreme Court of India has refused to interfere with the decision of the government and Reserve Bank of India (RBI) on the loan moratorium scheme declining to extend moratorium period of six-months. Highlights The supreme court has also highlighted that the additional reliefs like total waiver of interest cannot be allowed because it will ..