News Update Will there be interest on interest for payments deferred due to Moratorium, SC asks RBI 12 Jun 2020 Union ministry and RBI if deferment of payments on account of the 6 month loan moratorium will entail accural of interest on interest.Bench comprising of justice Ashok Bhushan, SK Kaul…
News Update Focus Proposes Decriminalization Of Check Dishonor Under Sec 138 NI Act, Other Economic Offenses; Seeks Public Comments 10 Jun 202010 Jun 2020 In an offer to improve simplicity of working together and subsequently improve monetary development in the nation, the Union Finance Ministry has welcomed recommendations on the decriminalization of certain minor…
News Update Issue of Moratorium discussed by RBI before SC. 4 Jun 20204 Jun 2020 Due to the worldwide Pandemic, RBI on 27th March issued a circular to allow banks to allow the borrowers a moratorium on installment payments for a period of three months…
