Page 2 - Latest Updates on Moratorium
LIVE: Cabinet approves Rs 520-cr package for Jammu and Kashmir, Ladakh
Supreme Court will today hear a batch of petitions that have raised issues concerning the six-month moratorium on loan payments. Stay tuned for Latest LIVE news
 "LIVE: Cabinet approves Rs 520-cr package for Jammu and Kashmir, Ladakh")
MARKET WRAP: Indices end flat, Sensex settles 32 pts higher; IT stocks gain
All that happened in the markets today
 "MARKET WRAP: Indices end flat, Sensex settles 32 pts higher; IT stocks gain")
Can't extend loan moratorium as it may affect credit discipline: RBI to SC
RBI said, a long moratorium exceeding six months can impact the credit behaviour of borrowers and increase the risks of delinquencies post resumption of scheduled payments
 "Can't extend loan moratorium as it may affect credit discipline: RBI to SC")
Indian banks say govt interest waiver will add to costs, spark litigation
The change will waive the compounded interest component on small business loans and some personal debts from March to August
 "Indian banks say govt interest waiver will add to costs, spark litigation")
Loan moratorium case: SC grants Centre, RBI a week to file affidavits
The development comes as the Centre is set to formulate a scheme to waive compound interest for small borrowers during the six-month moratorium period
 "Loan moratorium case: SC grants Centre, RBI a week to file affidavits")
Loan moratorium: SC adjourns hearing to Oct 5 as govt seeks more time
The apex court had earlier adjourned the hearing on September 10 directing that all decisions taken by the RBI, the Government of India, or the banks be placed before it for consideration
SC adjourns hearing on loan moratorium as RBI seeks time to file affidavit
The apex court ordered that all decisions taken by the RBI, the Government of India or the banks be placed before it for consideration
 "SC adjourns hearing on loan moratorium as RBI seeks time to file affidavit")
Moratorium on loan repayment shouldn't be at the cost of economic recovery
Hopefully, the court will recognise that the legal system should not undermine the financial system
 "Moratorium on loan repayment shouldn't be at the cost of economic recovery")
SC protects loans not declared NPAs till Aug 31 from such action for now
The Supreme Court Bench said if a loan account had not been declared bad as of the end of August, it should not be classified as NPA till the moratorium case was disposed of
 "SC protects loans not declared NPAs till Aug 31 from such action for now")
All eyes on asset quality of banks and NBFCs with end of moratorium 2.0
Management commentary regarding asset quality and restructuring for the September quarter earnings would be a key monitorable
 "All eyes on asset quality of banks and NBFCs with end of moratorium 2.0")
Most firm that availed loan moratoriums were facing challenges before Covid
Most companies that availed loan moratoriums have sub-investment grade ratings and were facing challenges before the onset of the pandemic itself due to slowing economic growth, CRISIL said
 "Most firm that availed loan moratoriums were facing challenges before Covid")
SC asks Centre to clarify stand on interest waiver during moratorium
SC took note of Centre's alleged inaction and asked it to clarify its stand within a week on waiver of interest on interest for deferred payments of instalments for loans during the moratorium period
After the moratorium: Banks have to face their bad loan problem, again
Indian banks will have a hard task when RBI's moratorium ends this month. Those that do not get capital will have to show their true health, writes Tamal Bandyopadhyay
Here's how the loan moratorium scheme is impacting NBFCs
Have NBFCs taken a hit due to the moratorium relief given to borrowers? Listen to this podcast to find what Hemant Kanoria, Chairman, Srei Infrastructure Finance has to say
 "Here's how the loan moratorium scheme is impacting NBFCs")
Loans under moratorium to dip below 10% by August end, says IDFC First
Private lender posted profit before tax of Rs 127.54 crore in the quarter ended June 2020 (Q1Fy21)
 "Loans under moratorium to dip below 10% by August end, says IDFC First")
Letter to BS: Extending moratorium will make it harder for everyone
Tinkering with the NPA norms will merely push the problem to a later date
 "Letter to BS: Extending moratorium will make it harder for everyone")
NPAs may move up by 5% due to moratorium: CARE Ratings' Ajay Mahajan
Ajay Mahajan, managing director and chief executive officer, spoke to Raghu Mohan on how he views the business and the regulatory topography ahead
 "NPAs may move up by 5% due to moratorium: CARE Ratings' Ajay Mahajan")
Moratorium hides asset health of PSBs, helps banks post lower NPAs
On aggregate basis, gross NPA ratio of 8 PSBs declined by 132 bps
 "Moratorium hides asset health of PSBs, helps banks post lower NPAs")
Loan moratorium scheme: The story so far
Here's all you need to know about loan moratorium, how does it work? Should one ideally opt for it, Supreme Court's observations and more
 "Loan moratorium scheme: The story so far")
The maths of moratorium
At a cost of 0.1-0.15% of GDP, the government can give confidence to both banks and MSMEs
