Loan Moratorium Scheme Current Affairs, GK & News

RBI Annual Report-2021

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 ..

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SC waives Interest in Loan Moratorium Scheme

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 ..

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