Shaktikanta Das Rajnish Kumar India pandemic economy Government Shaktikanta Das Rajnish Kumar India

Loan moratorium extension will take care of cash-flow disruptions: SBI chief

Reading now: 945
www.livemint.com

The Reserve Bank of India’s (RBI) extension on Friday of the ongoing loan moratorium by another three months will take care of cash-flow disruptions for borrowers despite the absence of a one-time debt recast relief, said Rajnish Kumar, chairman, State Bank of India (SBI).

Kumar’s statement came soon after RBI governor Shaktikanta Das announced a 40-basis point (bps) repo rate cut and extended several regulatory measures in the wake of the pandemic.

The moratorium is being further extended from 1 June to 31 August, in view of the extension of the lockdown and continuing disruptions, Das said.

The earlier moratorium ends on 31 May. “Our tendency has become that whatever has been given, just take it and ignore it and then start talking about

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend - fox29.com - Washington - city Washington - state Virginia - state Maryland - county Loudoun
fox29.com
47%
567
Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend
LOUDOUN COUNTY, Va. - Washington Commanders safety Deshazor Everett has been charged with involuntary manslaughter for the fatal car crash that took the life of his girlfriend Olivia Peters. According to the Loudoun County Sheriff’s Office, Everett was charged after investigators determined he was driving over 90 mph just before the crash. Authorities say Everett, 29, turned himself into the Louduon County Adult Detention Center Tuesday afternoon. RELATED: Washington Football Team player discharged from hospital after car crash that killed Maryland womanBoth Everett and Peters were traveling north on Gum Spring Road near Ticonderoga Road in a 2010 Nissan GT-R the night of the crash in December 2021. Loudoun County Sherrif's Office said the vehicle the couple was in veered off the right side of the roadway, struck several trees, and rolled over.  Peters was taken to StoneSprings Hospital where she died from her injuries. Everett was taken to Reston Hospital Center and treated for serious but non-life-threatening injuries. Everett posted a $10,000 secured bond and has been released from custody. He is due in court on March 1. Kaveh Noorishad, Everett's attorney, released the following statement to FOX 5 regarding the matter: Advertisement"Mr.
William Shatner - Williams - Skateboarder Josh Neuman among 4 killed in Iceland plane crash - fox29.com - Usa - Los Angeles - county Lake - county Valley - Belgium - Iceland - city San Fernando, county Valley
fox29.com
46%
229
Skateboarder Josh Neuman among 4 killed in Iceland plane crash
AKUREYRI, Iceland - American skateboarder and social media influencer Josh Neuman was one of four men killed when a sightseeing plane crashed into a lake in Iceland, authorities in the North Atlantic island nation said Monday.Neuman, 22, was on the flight to create commercial content for the Belgian fashion brand Suspicious Antwerp along with Tim Alings, the company’s sponsorship manager, 27; and Nicola Bellavia, a 32-year-old skydiver and social media influencer from Belgium.The pilot, Haraldur Diego, 49, was considered one of Iceland’s most prominent aviators and a pioneer of photography tours.National park Pingvellir and Pingvallavatn, the largest lake of Iceland.. (Photo by: Prisma Bildagentur/Universal Images Group via Getty Images) Four bodies believed to be the men were discovered on Sunday in Lake Thingvallavatn, Iceland’s second-largest lake with the use of an autonomous submarine and sonar technology.RELATED: Man who went to space with William Shatner dies in plane crash in New JerseyPoor weather has prevented divers retrieving the bodies, found at depths of up to 157 feet (48 meters)."For the safety of divers we have to wait until the weather improves," police chief Oddur Arnason told The Associated Press.Dramatic body-worn camera video shows the heroic rescue of an injured pilot just seconds before a train crashes into a single-engine plane in the San Fernando Valley.
DMCA