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Tamil Nadu Unaided Polytechnic ... vs The Union Of India on 16 February, 2024

Tamil Nadu Unaided Polytechnic ... vs The Union Of India on 16 February, 2024
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SC Sends Notices To Center Centre, Ola, Uber, Swiggy, Zomato On PIL Seeking Social Security For Gig Workers

SC Sends Notices To Center Centre, Ola, Uber, Swiggy, Zomato On PIL Seeking Social Security For Gig Workers
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RBI must not delegate - The Hindu BusinessLine

RBI must not delegate
Why ask IBA to compute loan relief amount?
On March 27, 2020, the Reserve Bank of India notified the Covid-19 package to provide relief measures to industries for terms loans, working capital facilities and restructuring of stressed assets.
The Small Scale Industrial Manufacturers Association of Haryana filed a writ petition in the Supreme Court for an appropriate direction or order directing the Union of India and others to take effective and remedial measures to redress the financial strain faced by the industrial sector, particularly MSMEs due to the coronavirus pandemic. The Association submitted that the measures announced did not offer any substantial relief, aid or assistance to the borrowers. ....

Indian Banks Association , Supreme Court , Small Scale Industrial Manufacturers Association Of Haryana , Union Of India , Reserve Bank , Small Scale Industrial Manufacturers Association , Chief Labour Commissioner Central , Covid 19 , இந்தியன் வங்கிகள் சங்கம் , உச்ச நீதிமன்றம் , தொழிற்சங்கம் ஆஃப் இந்தியா , இருப்பு வங்கி , சிறிய அளவு தொழில்துறை உற்பத்தியாளர்கள் சங்கம் , தலைமை தொழிலாளர் ஆணையர் மைய , துயர் நீக்கம் ,

'Put in place policy to refund/ adjust interest on interest charged during moratorium period'

‘Put in place policy to refund/ adjust interest on interest charged during moratorium period’
April 07, 2021
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The Reserve Bank of India (RBI) has asked lenders to disclose the aggregate ‘interest on interest’ amount to be refunded/ adjusted in respect of their borrowers in their financial statements for the year ending March 31, 2021.
The follows the Supreme Court’s judgment last month directing banks and financial institutions to refund the compound interest (interest on interest or penal interest) collected on EMIs during the Covid-19 pandemic-related loan moratorium period, from March 1, 2020, to August 31, 2020, in the matter of Small Scale Industrial Manufacturers Association vs UOI & Ors and other connected matters. ....

Indian Banks Association , Supreme Court , Small Scale Industrial Manufacturers Association , Reserve Bank , Asset Classification , Income Recognition , இந்தியன் வங்கிகள் சங்கம் , உச்ச நீதிமன்றம் , சிறிய அளவு தொழில்துறை உற்பத்தியாளர்கள் சங்கம் , இருப்பு வங்கி , சொத்து வகைப்பாடு , வருமானம் அங்கீகாரம் ,