On Wednesday, the Supreme Court asked the central government to implement the interest exemption scheme as soon as possible while listening to a series of petitions seeking an interest exemption during the loan moratorium. On October 3, the central government said that ‘interest on interest’ on loans of up to …
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HDFC Bank is offering a moratorium of up to two years to retail borrowers under the loan restructuring scheme approved by the Reserve Bank of India. Those who have opted for credit card or EMI loans will also be eligible to apply for the one-time loan restructuring option. If you …
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HDFC Bank Ltd said on Tuesday that retail clients seeking to restructure debt must have a minimum outstanding balance of ₹25,000 in your loan accounts. It also offered an extension of loan tenure for up to two years to provide relief to its retail and corporate clients affected by the …
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HDFC Bank has recently published its policy for the restructuring of loans from individuals and entities that have been affected by the COVID-19 pandemic. Have a look Who is eligible for restructuring? a) Individuals and entities that are classified as standard, but are not in default for more than 30 …
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